Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
Functional comparability under TNMM requires highway contract benchmarks to reflect operation, maintenance and transfer activities, requiring fresh be...
Page of 4794
Press 'Enter' after typing page number.
401 to 420 of 95875 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Continuing personal guarantees may extend to renewed credit facilities where the guarantee remains effective until all dues are paid and the guarantor signs the renewal. Contractual liability can also exceed a stipulated principal cap where the guarantee expressly provides for interest at the stipulated or subsequently notified rate from demand. On these terms, the guarantee applies to the renewed facility and covers contracted interest in addition to the capped principal amount, supporting initiation of a personal insolvency resolution process against the guarantor.
Continuing personal guarantees may extend to renewed credit facilities where the guarantee remains effective until all dues are paid and the guarantor signs the renewal. Contractual liability can also exceed a stipulated principal cap where the guarantee expressly provides for interest at the stipulated or subsequently notified rate from demand. On these terms, the guarantee applies to the renewed facility and covers contracted interest in addition to the capped principal amount, supporting initiation of a personal insolvency resolution process against the guarantor.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
