Timely pronouncement of reserved judgments requires defined timelines, transparency measures, and remedial pathways to protect liberty and effective j...
Settlement-price depression requires proof of manipulation, not merely short exposure, late selling, or below-market orders, preserving disclosure pen...
Capital-gains liability under a development agreement requires factual verification where the sale deed and power of attorney indicate that the assessee acted only as the landowner's attorney holder. Because these documents were not produced before the lower authorities and required consideration alongside the Revenue's submissions, the liability was not decided on merits. The appellate order was set aside and the matter was remitted to the CIT(A) for fresh consideration of the documents and submissions.
Capital-gains liability under a development agreement requires factual verification where the sale deed and power of attorney indicate that the assessee acted only as the landowner's attorney holder. Because these documents were not produced before the lower authorities and required consideration alongside the Revenue's submissions, the liability was not decided on merits. The appellate order was set aside and the matter was remitted to the CIT(A) for fresh consideration of the documents and submissions.
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TaxTMI 
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