SEZ-unit profit deduction covers voluntary transfer-pricing adjustments, while exempt-income costs, foreign-exchange loss and ITeS comparables are exa...
Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Director disqualification under section 164 concerns eligibility for appointment as a director and does not itself provide for deactivation of a Director Identification Number (DIN). DIN deactivation is governed separately by Rule 11 of the Companies (Appointment of Directors) Rules, 2014, requiring compliance with its prescribed grounds. Where a website records disqualification under one statutory clause but authorities rely on an undisclosed internal communication invoking another clause, procedural fairness is compromised. Notice and an opportunity of hearing are required before adverse DIN-disqualification action, and undisclosed grounds cannot substitute those requirements.
Director disqualification under section 164 concerns eligibility for appointment as a director and does not itself provide for deactivation of a Director Identification Number (DIN). DIN deactivation is governed separately by Rule 11 of the Companies (Appointment of Directors) Rules, 2014, requiring compliance with its prescribed grounds. Where a website records disqualification under one statutory clause but authorities rely on an undisclosed internal communication invoking another clause, procedural fairness is compromised. Notice and an opportunity of hearing are required before adverse DIN-disqualification action, and undisclosed grounds cannot substitute those requirements.
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