TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
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Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
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Functional comparability governs software-service benchmarking: dissimilar companies are excluded, while related-party filters, margins and working-ca...
HC held that the eviction notice under Section 8(4) of PMLA is valid and within jurisdiction. The court found that non-compliance with Rule 5(1) does not vitiate the notice under Rule 5(2), as these provisions serve different purposes. The lack of a mandatory time limit for issuing the notice does not invalidate it. The court directed the Appellate Tribunal to expeditiously hear the petitioner's appeal and stay application within two months, effectively dismissing the petitioner's challenge as premature given the pending appeal.
HC held that the eviction notice under Section 8(4) of PMLA is valid and within jurisdiction. The court found that non-compliance with Rule 5(1) does not vitiate the notice under Rule 5(2), as these provisions serve different purposes. The lack of a mandatory time limit for issuing the notice does not invalidate it. The court directed the Appellate Tribunal to expeditiously hear the petitioner's appeal and stay application within two months, effectively dismissing the petitioner's challenge as premature given the pending appeal.
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