Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Recovery of outstanding dues - Filing of the FIR and even of the proceedings under Section 138 Negotiable Instruments Act did not debar the plaintiffs to avail the civil remedy to recover the outstanding amount. The defendant’s arrest pursuant to the cancellation of bail did not absolve him of the liability to pay the outstanding dues. - HC
Recovery of outstanding dues - Filing of the FIR and even of the proceedings under Section 138 Negotiable Instruments Act did not debar the plaintiffs to avail the civil remedy to recover the outstanding amount. The defendant’s arrest pursuant to the cancellation of bail did not absolve him of the liability to pay the outstanding dues. - HC
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