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 ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
Oppression and Mismanagement - inherent powers of NCLT to cause audit of accounts - allegations of siphoning funds, breach of agreements, and failure to maintain proper books of account - Section 241 & 242 of the Companies Act, 2013 - The NCLAT held that the NCLT has inherent powers under Rule 11 of the NCLT Rules, 2016, to order an audit for the ends of justice and to prevent abuse of process.
Oppression and Mismanagement - inherent powers of NCLT to cause audit of accounts - allegations of siphoning funds, breach of agreements, and failure to maintain proper books of account - Section 241 & 242 of the Companies Act, 2013 - The NCLAT held that the NCLT has inherent powers under Rule 11 of the NCLT Rules, 2016, to order an audit for the ends of justice and to prevent abuse of process.
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