Working capital adjustment, comparable selection and trade receivables interest were revisited in transfer pricing, with key additions deleted and rem...
Page of 4809
Press 'Enter' after typing page number.
2061 to 2080 of 96177 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
HC ruled that provisional attachment under Section 110(5) of Customs Act, 1962 cannot exceed one year. Section 110A is inapplicable when attachment period expires, precluding extension beyond statutory timeframe. The court determined that once the one-year period lapses, the provisional attachment automatically ceases, and parties cannot invoke Section 110A to maintain the attachment. Consequently, the court granted relief by raising the attachment of petitioners' bank accounts, effectively terminating the provisional seizure.
HC ruled that provisional attachment under Section 110(5) of Customs Act, 1962 cannot exceed one year. Section 110A is inapplicable when attachment period expires, precluding extension beyond statutory timeframe. The court determined that once the one-year period lapses, the provisional attachment automatically ceases, and parties cannot invoke Section 110A to maintain the attachment. Consequently, the court granted relief by raising the attachment of petitioners' bank accounts, effectively terminating the provisional seizure.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
