Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
HC, exercising jurisdiction under Section 480(6) B.N.S.S., allowed the bail application of A v. State in an economic offence under Section 132(1)(b)(c)(f)(l) of the 2017 Act, a non-bailable offence triable by Magistrate. The petitioner had been in custody since 03.06.2024 and cognizance was taken on 01.02.2025, with only partial examination of three out of ten witnesses and no delay attributable to the accused. Noting the constitutional mandate of Article 21 and the procedural safeguard against undue trial delay, as well as the absence of recorded reasons by the trial court justifying continued incarceration, HC invoked Section 480(6) B.N.S.S. and directed that the petitioner be enlarged on bail, subject to usual conditions.
HC, exercising jurisdiction under Section 480(6) B.N.S.S., allowed the bail application of A v. State in an economic offence under Section 132(1)(b)(c)(f)(l) of the 2017 Act, a non-bailable offence triable by Magistrate. The petitioner had been in custody since 03.06.2024 and cognizance was taken on 01.02.2025, with only partial examination of three out of ten witnesses and no delay attributable to the accused. Noting the constitutional mandate of Article 21 and the procedural safeguard against undue trial delay, as well as the absence of recorded reasons by the trial court justifying continued incarceration, HC invoked Section 480(6) B.N.S.S. and directed that the petitioner be enlarged on bail, subject to usual conditions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4792
Join Channel
TaxTMI 
