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 HC dismissed the petition challenging the implementation of the Duty Drawback Scheme, DEEC, and EPCG, finding that the petitioner's claim to informer status was denied and that relevant information originated from a foreign consulate. The affidavit filed by the Ministry of Revenue detailed actions taken against the implicated firms and measures adopted by Customs to prevent future fraud. The court held that the government's safeguards adequately address the petitioner's concerns. No further relief was granted, and the petition was disposed of with the directive that any ongoing investigations related to the matter be concluded expeditiously.
The HC dismissed the petition challenging the implementation of the Duty Drawback Scheme, DEEC, and EPCG, finding that the petitioner's claim to informer status was denied and that relevant information originated from a foreign consulate. The affidavit filed by the Ministry of Revenue detailed actions taken against the implicated firms and measures adopted by Customs to prevent future fraud. The court held that the government's safeguards adequately address the petitioner's concerns. No further relief was granted, and the petition was disposed of with the directive that any ongoing investigations related to the matter be concluded expeditiously.
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