Transfer-pricing comparability permits fresh objections and filters where software service comparables are functionally unsuitable for arm's-length pr...
Territorial rendering requirement excludes China-based management and consultancy services from fees for technical services under the India-China DTAA...
FEMA borrowing restrictions bind charitable trusts, and civil penalties apply without proving intent for delayed repayment of non-resident rupee loans...
SC directed formation of Special Investigation Team (SIT) to probe potential collusive practices between banks and builders in housing development projects across Noida, Greater Noida, and Gurugram regions. The court noted significant non-compliance with previous judicial directives, with only 9 banks and 5 developers submitting required affidavits. The Standing Counsel for CBI was instructed to be present for SIT constitution and potential case registration, focusing on investigating financial irregularities where homebuyers have paid substantial amounts but projects remain unfinished or unstarted. The ruling emphasized strict adherence to regulatory guidelines, protecting homebuyers' interests, and ensuring transparent fund disbursement by financial institutions.
SC directed formation of Special Investigation Team (SIT) to probe potential collusive practices between banks and builders in housing development projects across Noida, Greater Noida, and Gurugram regions. The court noted significant non-compliance with previous judicial directives, with only 9 banks and 5 developers submitting required affidavits. The Standing Counsel for CBI was instructed to be present for SIT constitution and potential case registration, focusing on investigating financial irregularities where homebuyers have paid substantial amounts but projects remain unfinished or unstarted. The ruling emphasized strict adherence to regulatory guidelines, protecting homebuyers' interests, and ensuring transparent fund disbursement by financial institutions.
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