Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
HC finds gold kada constitutes personal effect under Baggage Rules, 2016, exempting Petitioner from detention. Based on photographic evidence and established precedents regarding Sikh religious jewelry, the Court determined the seized item was a personal effect. The detention of the gold kada is deemed contrary to law and consequently set aside. The Court waived the Show Cause Notice and personal hearing requirements, effectively granting relief to the Petitioner and invalidating the customs detention.
HC finds gold kada constitutes personal effect under Baggage Rules, 2016, exempting Petitioner from detention. Based on photographic evidence and established precedents regarding Sikh religious jewelry, the Court determined the seized item was a personal effect. The detention of the gold kada is deemed contrary to law and consequently set aside. The Court waived the Show Cause Notice and personal hearing requirements, effectively granting relief to the Petitioner and invalidating the customs detention.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4790
Join Channel
TaxTMI 
