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...
NCLAT upheld CMA's categorization of claims related to delay in possession as "put under adjudication". CMA rightly asserted inability to verify rental claims unilaterally when agreement didn't provide for reimbursement of rent or commitment to pay rent. Claims premised on rental agreements fell under adjudication beyond CMA's limited jurisdiction. Unliquidated damages for delayed delivery and mental agony couldn't be admitted without agreement between parties. Appeal dismissed.
NCLAT upheld CMA's categorization of claims related to delay in possession as "put under adjudication". CMA rightly asserted inability to verify rental claims unilaterally when agreement didn't provide for reimbursement of rent or commitment to pay rent. Claims premised on rental agreements fell under adjudication beyond CMA's limited jurisdiction. Unliquidated damages for delayed delivery and mental agony couldn't be admitted without agreement between parties. Appeal dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
