Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
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...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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HC held that import and resale of genuine trademarked goods are permissible under international exhaustion principles, subject to proper disclosure of second-hand or refurbished status. In this case, the defendant's imported goods were seized at customs before reaching market. The court permitted release of seized goods to defendant, mandating they be sold only as scrap after removing plaintiff's trademark. The key legal principle established is that importers can bring in end-of-life goods bearing original trademarks, provided complete transparency is maintained regarding the goods' condition and warranty status.
HC held that import and resale of genuine trademarked goods are permissible under international exhaustion principles, subject to proper disclosure of second-hand or refurbished status. In this case, the defendant's imported goods were seized at customs before reaching market. The court permitted release of seized goods to defendant, mandating they be sold only as scrap after removing plaintiff's trademark. The key legal principle established is that importers can bring in end-of-life goods bearing original trademarks, provided complete transparency is maintained regarding the goods' condition and warranty status.
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