Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Access to the Exclusive Economic Zone for purse seine fishing depends on distinct but coordinated Union and State regulatory regimes. Fisheries beyond territorial waters fall within the Union's legislative and executive sphere, while fisheries within territorial waters fall within the State's corresponding sphere; these powers are autonomous and do not conflict. Union regulation governs fishing in the Exclusive Economic Zone, while State regulation applies to transit through territorial waters. Cooperative federalism requires timely State verification and processing of access-pass applications, since delay causing virtual denial of access constitutes an impermissible unwritten ban. The State must facilitate regulated transit by designating a channel and ensuring effective clearances.
Access to the Exclusive Economic Zone for purse seine fishing depends on distinct but coordinated Union and State regulatory regimes. Fisheries beyond territorial waters fall within the Union's legislative and executive sphere, while fisheries within territorial waters fall within the State's corresponding sphere; these powers are autonomous and do not conflict. Union regulation governs fishing in the Exclusive Economic Zone, while State regulation applies to transit through territorial waters. Cooperative federalism requires timely State verification and processing of access-pass applications, since delay causing virtual denial of access constitutes an impermissible unwritten ban. The State must facilitate regulated transit by designating a channel and ensuring effective clearances.
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