Religious purpose exclusion versus charitable purpose: non overriding religious objects do not attract Explanation 3, registration directed under sect...
Search-assessment proviso jurisdiction, time-barred valuation reports, and denial of cross-examination vitiate valuation-based and confession-based ad...
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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