Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
Declaration of bodies corporate, their promoters and directors, as “wilful defaulters” - Lack of transparency and due process in the Union Bank's procedure for declaring the petitioner a wilful defaulter - The High Court concluded by allowing Union Bank to withdraw its previous orders regarding the petitioner's status as a wilful defaulter and mandated a redo of the proceedings with proper disclosure and adherence to due process, thereby setting guidelines for future proceedings under the RBI's Master Circular on Wilful Defaulters.
Declaration of bodies corporate, their promoters and directors, as “wilful defaulters” - Lack of transparency and due process in the Union Bank's procedure for declaring the petitioner a wilful defaulter - The High Court concluded by allowing Union Bank to withdraw its previous orders regarding the petitioner's status as a wilful defaulter and mandated a redo of the proceedings with proper disclosure and adherence to due process, thereby setting guidelines for future proceedings under the RBI's Master Circular on Wilful Defaulters.
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