Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
HC declined interim relief, directing respondent authorities to release a TATA truck transporting 17,760 kg of Areca-nuts upon payment of Rs. 100,000. Regarding the goods, the court mandated selling 222 bags (80 kg each) within 15 days at best possible price, with proceeds retained in a separate account pending writ petition outcome. The appellant was permitted to participate in auction proceedings. Vehicle release was conditioned on payment, and goods sale was ordered to prevent potential deterioration and ensure preservation of value.
HC declined interim relief, directing respondent authorities to release a TATA truck transporting 17,760 kg of Areca-nuts upon payment of Rs. 100,000. Regarding the goods, the court mandated selling 222 bags (80 kg each) within 15 days at best possible price, with proceeds retained in a separate account pending writ petition outcome. The appellant was permitted to participate in auction proceedings. Vehicle release was conditioned on payment, and goods sale was ordered to prevent potential deterioration and ensure preservation of value.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4800
Join Channel
TaxTMI 
