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...
Insolvency and BankruptcyAugust 12, 2019Case LawsHC
Contempt petition the company and it’s officers/directors - The respondents are prevented by operation of law from jumping the queue and paying the balance amount to the petitioner in satisfaction of the compromise decree. - In the absence of any willful disobedience by the respondents, this Court cannot grant the relief sought for by the petitioner
Contempt petition the company and it’s officers/directors - The respondents are prevented by operation of law from jumping the queue and paying the balance amount to the petitioner in satisfaction of the compromise decree. - In the absence of any willful disobedience by the respondents, this Court cannot grant the relief sought for by the petitioner
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