Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Insolvency and BankruptcySeptember 7, 2020Case LawsTri
Suspension of initiation of corporate insolvency resolution process - insertion of Section 10A to I&B Code, 2016 - in view of the alleged default if any, had occurred even according to the own admission of the respondent/operational creditor as to be that of 30.04.2020, both in the petition/main application, this Tribunal cannot proceed any further due to the bar created by law - Tri
Suspension of initiation of corporate insolvency resolution process - insertion of Section 10A to I&B Code, 2016 - in view of the alleged default if any, had occurred even according to the own admission of the respondent/operational creditor as to be that of 30.04.2020, both in the petition/main application, this Tribunal cannot proceed any further due to the bar created by law - Tri
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