Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Insolvency and BankruptcyAugust 29, 2018Case LawsTri
Once the applicant is not an ‘Operational Creditor’ and his claimed dues not being ‘operational debt’, the present petition filed under section 9 of the Code for initiation of Corporate Insolvency Resolution Process is not maintainable.
Once the applicant is not an ‘Operational Creditor’ and his claimed dues not being ‘operational debt’, the present petition filed under section 9 of the Code for initiation of Corporate Insolvency Resolution Process is not maintainable.
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