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...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
CIRP - Eviction of the Appellant from the property - handing over the possession of the property in question to the RP (now Liquidator) within 15 days from the passing of the order and the Statutory Authorities i.e. Local Police - The tribunal dismissed the Appellant's claim for protection under Section 53A of the Transfer of Property Act, 1882, as the Appellant did not fulfill his part of the contract, rendering him ineligible for possessory rights over the property. - The NCLAT, Principal Bench, New Delhi, dismissed the appeal, upholding the order of the Adjudicating Authority. The tribunal found no merit in the arguments presented by the Appellant and affirmed the possession of the property in question to be with the Corporate Debtor.
CIRP - Eviction of the Appellant from the property - handing over the possession of the property in question to the RP (now Liquidator) within 15 days from the passing of the order and the Statutory Authorities i.e. Local Police - The tribunal dismissed the Appellant's claim for protection under Section 53A of the Transfer of Property Act, 1882, as the Appellant did not fulfill his part of the contract, rendering him ineligible for possessory rights over the property. - The NCLAT, Principal Bench, New Delhi, dismissed the appeal, upholding the order of the Adjudicating Authority. The tribunal found no merit in the arguments presented by the Appellant and affirmed the possession of the property in question to be with the Corporate Debtor.
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