Concurrent anticipatory-bail jurisdiction permits applications before either forum, while secured evidence may negate custodial interrogation in GST e...
Transfer Pricing Officer jurisdiction is transaction-specific, excluding permanent establishment determinations and requiring independent assessment o...
Rental income valuation requires credible local comparables; family-business salary and commercially expedient unsecured-loan interest remained deduct...
Oppression and mismanagement allegations concerning group-asset and intellectual-property transfers, debt conversion, discounted share allotment and minority dilution require specific findings on the entire material and their cumulative effect; commercial justification cannot replace that inquiry. The dismissal was set aside and the company petition remanded, with status quo over shareholding, assets and liabilities restored pending adjudication. A clean-hands finding denying equitable relief must rest on clear, cogent record-based findings where meeting-related material permits competing interpretations. Perjury directions require precise allegations, meaningful opportunity to respond, identified false statements, reasons, and findings on oath, intentional falsity and requirements for further action; unsupported directions against shareholders and a creditor were set aside.
Oppression and mismanagement allegations concerning group-asset and intellectual-property transfers, debt conversion, discounted share allotment and minority dilution require specific findings on the entire material and their cumulative effect; commercial justification cannot replace that inquiry. The dismissal was set aside and the company petition remanded, with status quo over shareholding, assets and liabilities restored pending adjudication. A clean-hands finding denying equitable relief must rest on clear, cogent record-based findings where meeting-related material permits competing interpretations. Perjury directions require precise allegations, meaningful opportunity to respond, identified false statements, reasons, and findings on oath, intentional falsity and requirements for further action; unsupported directions against shareholders and a creditor were set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
