Functional comparability under TNMM supported exclusion of ITeS comparables with R&D, intangibles, diversified operations, or unavailable segmental da...
Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
The CESTAT dismissed an appeal for non-prosecution under Rule 20 of CESTAT Procedure Rules, 1982, after multiple adjournments exceeded the statutory maximum of three. Citing Ishwar lal Mali Rathod [2021], where the Supreme Court condemned the practice of mechanical adjournments, the Tribunal noted that appellant had misused judicial grace by repeatedly seeking postponements. The Court emphasized that granting adjournments beyond the statutory limit lacks justification, particularly when parties fail to utilize previously granted opportunities for presenting their case. This ruling reinforces judicial efficiency principles and discourages dilatory tactics in tribunal proceedings.
The CESTAT dismissed an appeal for non-prosecution under Rule 20 of CESTAT Procedure Rules, 1982, after multiple adjournments exceeded the statutory maximum of three. Citing Ishwar lal Mali Rathod [2021], where the Supreme Court condemned the practice of mechanical adjournments, the Tribunal noted that appellant had misused judicial grace by repeatedly seeking postponements. The Court emphasized that granting adjournments beyond the statutory limit lacks justification, particularly when parties fail to utilize previously granted opportunities for presenting their case. This ruling reinforces judicial efficiency principles and discourages dilatory tactics in tribunal proceedings.
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