Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Insolvency and BankruptcyFebruary 12, 2024Case LawsAT
CIRP - The NCLAT upheld the decision to reject inflated claims by the financial creditor, Stressed Assets Stabilization Fund (SASF), and supported the termination of the CIRP process from the stage of the second Expression of Interest (EOI). The appellate tribunal also approved the replacement of the resolution professional, emphasizing the need for a fair and transparent CIRP process.
CIRP - The NCLAT upheld the decision to reject inflated claims by the financial creditor, Stressed Assets Stabilization Fund (SASF), and supported the termination of the CIRP process from the stage of the second Expression of Interest (EOI). The appellate tribunal also approved the replacement of the resolution professional, emphasizing the need for a fair and transparent CIRP process.
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