Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Page of 4805
Press 'Enter' after typing page number.
701 to 720 of 96100 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
A writ petition may be entertained despite an alternative remedy where the challenge is to proceedings alleged to be wholly without jurisdiction and barred by the IBC. After approval of a resolution plan, the corporate debtor in new management takes a clean slate, so pre-resolution claims not covered by the plan and collateral civil or revenue proceedings based on them cannot continue without first testing maintainability under the IBC. Interim orders, including those based on lis pendens, are vulnerable if maintainability is not first examined. Courts and authorities must decide maintainability before taking further steps.
A writ petition may be entertained despite an alternative remedy where the challenge is to proceedings alleged to be wholly without jurisdiction and barred by the IBC. After approval of a resolution plan, the corporate debtor in new management takes a clean slate, so pre-resolution claims not covered by the plan and collateral civil or revenue proceedings based on them cannot continue without first testing maintainability under the IBC. Interim orders, including those based on lis pendens, are vulnerable if maintainability is not first examined. Courts and authorities must decide maintainability before taking further steps.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
