Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
Provisional release of seized imported goods pending adjudication was directed on conditions where only a seizure memo had been issued and the request was confined to interim relief. The Court followed earlier writ petitions on the same footing and ordered release on payment of the enhanced duty as quantified, furnishing of a bank guarantee for ten per cent of the value of the goods, and maintenance of transaction particulars if the goods were sold after release. The order made clear that conditional release would not affect the authority's power to continue adjudication, which had to be decided independently on the parties' objections and contentions.
Provisional release of seized imported goods pending adjudication was directed on conditions where only a seizure memo had been issued and the request was confined to interim relief. The Court followed earlier writ petitions on the same footing and ordered release on payment of the enhanced duty as quantified, furnishing of a bank guarantee for ten per cent of the value of the goods, and maintenance of transaction particulars if the goods were sold after release. The order made clear that conditional release would not affect the authority's power to continue adjudication, which had to be decided independently on the parties' objections and contentions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
