Transfer pricing comparability under TNMM: foreign exchange loss on ECB excluded from operating cost, and a functionally dissimilar comparator removed...
Fake AI-generated precedents vitiate adjudication, with unverified citations contaminating the decision-making process and undermining the rule of law...
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Petitioner's writ petition allowed, setting aside FAA's order dismissing appeal. If petitioner cures defects pointed out by Appellate Authority within one week from receipt of HC judgment, appeal shall be restored and disposed on merits by Appellate Authority. Failure to cure defects within one week will result in appeal's dismissal as per Appellate Authority's earlier order.
Petitioner's writ petition allowed, setting aside FAA's order dismissing appeal. If petitioner cures defects pointed out by Appellate Authority within one week from receipt of HC judgment, appeal shall be restored and disposed on merits by Appellate Authority. Failure to cure defects within one week will result in appeal's dismissal as per Appellate Authority's earlier order.
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