Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
Restoration of name of the Company - the ‘Appellant’ / ‘Company’ has initiated various proceedings before the Criminal Courts (8 in number) against its ‘Debtors’, and is to recover approximately Rs.18,12,500/- from its ‘Debtors’ and bearing in mind of the prime fact, ‘Right’ to seek the ‘name’ of the Company’ (to be entered, in the ‘Register of Companies’), is not ‘Lost’ or ‘Extinguished’, as long as 20 years had not expired - Request allowed - AT
Restoration of name of the Company - the ‘Appellant’ / ‘Company’ has initiated various proceedings before the Criminal Courts (8 in number) against its ‘Debtors’, and is to recover approximately Rs.18,12,500/- from its ‘Debtors’ and bearing in mind of the prime fact, ‘Right’ to seek the ‘name’ of the Company’ (to be entered, in the ‘Register of Companies’), is not ‘Lost’ or ‘Extinguished’, as long as 20 years had not expired - Request allowed - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
