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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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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