Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Works contract classification governs composite layout-development contracts where VAT-paid goods are transferred alongside construction and infrastru...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
Addition to equity & to unsecured loans & sundry creditors - when 1500 investors have filed FIR's & law suits claiming about ₹ 15 crores as paid by them and Crime Branch status report clearly establishes that the assessee had collected funds from public at large and had not repaid them - Therefore, the existence of the depositors cannot be doubted - no addition called for
Addition to equity & to unsecured loans & sundry creditors - when 1500 investors have filed FIR's & law suits claiming about ₹ 15 crores as paid by them and Crime Branch status report clearly establishes that the assessee had collected funds from public at large and had not repaid them - Therefore, the existence of the depositors cannot be doubted - no addition called for
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