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    Reasonable cause limits transfer-pricing penalties, while appellate enhancement cannot extend proceedings to transactions never included in initiation
    Statutory admission screening limits respondent intervention, deferring maintainability and jurisdiction objections to the post-admission hearing.
    Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
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    Mistaken tax payments and unjust enrichment: reversing the burden to buyers may support refund, while Section 11B limitation may not apply.
    Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
    Consignment notes by substance, not label, can bring individual truck owners' transport services within Goods Transport Agency taxation
    Limitation objections must be decided before remand on merits; unresolved limitation issues can determine whether further adjudication is necessary.
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      Insolvency and Bankruptcy

      Approval of the resolution plan - dissenting financial creditor...

      Supreme Court Upholds Committee of Creditors' Decision on Priority and Security Interest in Resolution Plan.

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      Insolvency and BankruptcyJune 21, 2021Case LawsSC
      Approval of the resolution plan - dissenting financial creditor - order of priority among the creditors as also the priority and value of the security interest of a secured creditor - The extent of value receivable by the appellant is distinctly given out in the resolution plan i.e., a sum of INR 2.026 crores which is in the same proportion and percentage as provided to the other secured financial creditors with reference to their respective admitted claims. - the business decision taken in exercise of the commercial wisdom of CoC does not call for interference - SC

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      ActsIncome Tax