Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
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.
Note: It is a system-generated summary and is for quick reference only.