Related-party creditor exclusion bars CoC participation where lender rights show policy-making involvement, and post-CIRP assignment cannot cure ineli...
Rectification of apparent typographical errors may proceed without hearing when tax liability, input tax credit, and ruling substance remain unchanged...
Computation of capital gains - Cost of Acquistion - Deduction u/s 48 - Interest paid on loan taken for settlement of arbitration award in favor of family members - The contention raised by assessee that it is the deduction claimed due to cost of acquisition rejected, since there is no cost incurred for acquisition, as the property had been gifted to the assessee by his parents. - AT
Computation of capital gains - Cost of Acquistion - Deduction u/s 48 - Interest paid on loan taken for settlement of arbitration award in favor of family members - The contention raised by assessee that it is the deduction claimed due to cost of acquisition rejected, since there is no cost incurred for acquisition, as the property had been gifted to the assessee by his parents. - AT
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