Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
A liquidator's determination of security interest and distribution entitlements was treated as tentative, because it was read as flowing from an earlier order already under challenge. The Appellate Tribunal held that the statement could not be read in isolation as a final adjudication overriding the pending appeal, and that the observation on paragraph 45 was not conclusive. As the decision itself showed it was subject to the outcome of the pending appellate proceedings, no party could claim a definitive advantage from it at that stage. The appeal was closed subject to this clarification.
A liquidator's determination of security interest and distribution entitlements was treated as tentative, because it was read as flowing from an earlier order already under challenge. The Appellate Tribunal held that the statement could not be read in isolation as a final adjudication overriding the pending appeal, and that the observation on paragraph 45 was not conclusive. As the decision itself showed it was subject to the outcome of the pending appellate proceedings, no party could claim a definitive advantage from it at that stage. The appeal was closed subject to this clarification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4824 
Join Channel 
