Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Oppression and mismanagement - member - When the Respondent No.1 being a shareholder with 25% shareholding at the time of incorporation and also being one of the founding Directors of the Company is admitted, it cannot be contended that he ceased to be a “member” upon reduction of his share capital and that too when the transfer of shareholding is alleged to be clandestine and product of fabrication and forgery
Oppression and mismanagement - member - When the Respondent No.1 being a shareholder with 25% shareholding at the time of incorporation and also being one of the founding Directors of the Company is admitted, it cannot be contended that he ceased to be a “member” upon reduction of his share capital and that too when the transfer of shareholding is alleged to be clandestine and product of fabrication and forgery
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4798
Join Channel
TaxTMI 
