Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
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A High Court considered a request to modify a bail condition requiring a security bond equal to the amount claimed. It held that the condition only required furnishing a security bond and did not require advance deposit of money or a bank guarantee, so the authorities cited by the applicant were inapplicable because the condition was materially different. The Court also held that it should not re-examine the issue after the same condition had already been challenged before the Supreme Court, and that withdrawing the condition would effectively amount to an impermissible review of the earlier bail order. The application was dismissed.
A High Court considered a request to modify a bail condition requiring a security bond equal to the amount claimed. It held that the condition only required furnishing a security bond and did not require advance deposit of money or a bank guarantee, so the authorities cited by the applicant were inapplicable because the condition was materially different. The Court also held that it should not re-examine the issue after the same condition had already been challenged before the Supreme Court, and that withdrawing the condition would effectively amount to an impermissible review of the earlier bail order. The application was dismissed.
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