Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
HC held that the Tribunal erroneously remanded the matter for fresh assessment despite having recorded findings favorable to the revisionist and dismissing the revenue's appeal. The court found no justification for remand when all material relating to the transaction was available. The impugned order was set aside, and the matter was remanded to the Tribunal to decide the case by passing a reasoned order after hearing all stakeholders, effectively allowing the revision petition with directions for a comprehensive appellate review.
HC held that the Tribunal erroneously remanded the matter for fresh assessment despite having recorded findings favorable to the revisionist and dismissing the revenue's appeal. The court found no justification for remand when all material relating to the transaction was available. The impugned order was set aside, and the matter was remanded to the Tribunal to decide the case by passing a reasoned order after hearing all stakeholders, effectively allowing the revision petition with directions for a comprehensive appellate review.
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