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...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
In insolvency claim verification, a resolution professional may call for further evidence or clarification to substantiate disputed components, and doing so remains within the verification function rather than an adjudicatory exercise. Unsupported farmer's compensation and related interest claims tied to leased land were not admitted where the claimant failed to explain the outstanding basis, the attributable land area, or payment particulars. Time extension charges were confined to the insolvency commencement date, and the resolution professional's proportionate recalculation after excluding sub-leased land and correcting a mathematical error was sustained; the appeal was dismissed.
In insolvency claim verification, a resolution professional may call for further evidence or clarification to substantiate disputed components, and doing so remains within the verification function rather than an adjudicatory exercise. Unsupported farmer's compensation and related interest claims tied to leased land were not admitted where the claimant failed to explain the outstanding basis, the attributable land area, or payment particulars. Time extension charges were confined to the insolvency commencement date, and the resolution professional's proportionate recalculation after excluding sub-leased land and correcting a mathematical error was sustained; the appeal was dismissed.
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