Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Page of 4828
Press 'Enter' after typing page number.
161 to 180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The SC held that the HC has incorrectly exercised its supervisory jurisdiction under Article 227 in granting the respondent/claimant one more opportunity to cross-examine the appellant/respondent's witness, despite the Arbitral Tribunal rejecting such a prayer. The Tribunal had given full opportunity to all parties, and the respondent/claimant had already cross-examined the witness for over 12 hours. The SC observed that interference under Articles 226/227 is permissible only if the order is completely perverse, and the HC's order lacked justification in interfering with the Tribunal's directions. Consequently, the appeal was allowed.
The SC held that the HC has incorrectly exercised its supervisory jurisdiction under Article 227 in granting the respondent/claimant one more opportunity to cross-examine the appellant/respondent's witness, despite the Arbitral Tribunal rejecting such a prayer. The Tribunal had given full opportunity to all parties, and the respondent/claimant had already cross-examined the witness for over 12 hours. The SC observed that interference under Articles 226/227 is permissible only if the order is completely perverse, and the HC's order lacked justification in interfering with the Tribunal's directions. Consequently, the appeal was allowed.
Note: It is a system-generated summary and is for quick reference only.