Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Admission of Section 7 application filed by the Financial Creditor - invocation of guarantee - application filed by the Financial Creditor is barred by Section 10A of IBC or not - The NCLAT found that the invocation of the guarantee on 22.02.2020, which preceded the 10A period, allowed for the initiation of insolvency proceedings under Section 7. Therefore, the tribunal held that Section 10A did not bar the application.
Admission of Section 7 application filed by the Financial Creditor - invocation of guarantee - application filed by the Financial Creditor is barred by Section 10A of IBC or not - The NCLAT found that the invocation of the guarantee on 22.02.2020, which preceded the 10A period, allowed for the initiation of insolvency proceedings under Section 7. Therefore, the tribunal held that Section 10A did not bar the application.
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