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...
Status quo over the company's assets continues pending valuation and determination of the proposed buyout of the appellant's shareholding. As the remaining dispute concerned alternative buyout relief, and the parties had proposed valuers but no appointment or valuation report had been made, the Tribunal was to appoint a valuer, obtain the report, and independently decide the buyout offer expeditiously. The company appeal was disposed of subject to continuation of the existing status quo until that process is completed.
Status quo over the company's assets continues pending valuation and determination of the proposed buyout of the appellant's shareholding. As the remaining dispute concerned alternative buyout relief, and the parties had proposed valuers but no appointment or valuation report had been made, the Tribunal was to appoint a valuer, obtain the report, and independently decide the buyout offer expeditiously. The company appeal was disposed of subject to continuation of the existing status quo until that process is completed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
