Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
For assessments under section 153C, the limitation period is stated to commence when the other person's records are transferred to the Assessing Officer handling the searched group under section 127. The subsequent recording of a satisfaction note does not postpone that commencement. Applying this principle, the reported Tribunal decision treated the assessments for the relevant assessment years as time-barred and quashed them, while leaving the remaining grounds open.
For assessments under section 153C, the limitation period is stated to commence when the other person's records are transferred to the Assessing Officer handling the searched group under section 127. The subsequent recording of a satisfaction note does not postpone that commencement. Applying this principle, the reported Tribunal decision treated the assessments for the relevant assessment years as time-barred and quashed them, while leaving the remaining grounds open.
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