Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Revival of the Company - The Tribunal found no merit in the appellant's contention that additional documents should be considered for the revival of the company after the lapse of the two-year period specified in Section 420(2) of the Companies Act, 2013. The Tribunal emphasized that the application for additional evidence was filed beyond the permissible period, thus not adhering to the statutory timeline.
Revival of the Company - The Tribunal found no merit in the appellant's contention that additional documents should be considered for the revival of the company after the lapse of the two-year period specified in Section 420(2) of the Companies Act, 2013. The Tribunal emphasized that the application for additional evidence was filed beyond the permissible period, thus not adhering to the statutory timeline.
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