Trademark depreciation and section 14A adjustments: ITAT applies consistency, independent book-profit computation, and no disallowance without exempt ...
Rebuttable search presumptions and corroboration standards shaped deletion of unsubstantiated additions, while rental income and limited profit estima...
Cancellation of a mandi shop allotment for alleged failure to deposit 50% of the bid amount was found unsustainable where the remaining amount had been paid on behalf of the allottee and its receipt by the authority was undisputed. The Court treated this as substantial compliance with the payment condition and held that the allotment could not be cancelled on the premise of non-payment. The cancellation order and revisional order were set aside, and allotment of the shop in favour of the petitioner was directed.
Cancellation of a mandi shop allotment for alleged failure to deposit 50% of the bid amount was found unsustainable where the remaining amount had been paid on behalf of the allottee and its receipt by the authority was undisputed. The Court treated this as substantial compliance with the payment condition and held that the allotment could not be cancelled on the premise of non-payment. The cancellation order and revisional order were set aside, and allotment of the shop in favour of the petitioner was directed.
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