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Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
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Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The DSC granted bail to the accused charged with serious economic offences involving hawala transactions and evasion of customs duty exceeding 42 crores through undervalued importation of walnuts. Despite the gravity of allegations and seizure of goods and documents by the DRI, the court found no criminal antecedents and noted the accused's detention since 19.06.2025 with sufficient interrogation conducted. The court recognized the complexity of undervaluation issues requiring extended investigation but held that continued incarceration was unnecessary, especially since provisional attachment of bank accounts mitigated flight risk. Bail was allowed subject to stringent conditions to prevent evidence tampering or evasion of justice, as physical custody was deemed nonessential for ongoing investigation.
The DSC granted bail to the accused charged with serious economic offences involving hawala transactions and evasion of customs duty exceeding 42 crores through undervalued importation of walnuts. Despite the gravity of allegations and seizure of goods and documents by the DRI, the court found no criminal antecedents and noted the accused's detention since 19.06.2025 with sufficient interrogation conducted. The court recognized the complexity of undervaluation issues requiring extended investigation but held that continued incarceration was unnecessary, especially since provisional attachment of bank accounts mitigated flight risk. Bail was allowed subject to stringent conditions to prevent evidence tampering or evasion of justice, as physical custody was deemed nonessential for ongoing investigation.
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