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...
Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...
Prayer of Out-of-turn disposal of appeal due to indefinite deferment of proceedings - Piecemeal adjudication - The appellant sought urgent disposal of the appeal, arguing that the delay was jeopardizing their interests, while the respondent argued that the delay was not detrimental as liability was yet to be determined. The Tribunal ruled in favor of the appellant, directing the adjudicating authority to dispose of the notice within four weeks, considering the impending liquidation of the appellant-company and the limited scope of the stay order issued by the Bombay High Court.
Prayer of Out-of-turn disposal of appeal due to indefinite deferment of proceedings - Piecemeal adjudication - The appellant sought urgent disposal of the appeal, arguing that the delay was jeopardizing their interests, while the respondent argued that the delay was not detrimental as liability was yet to be determined. The Tribunal ruled in favor of the appellant, directing the adjudicating authority to dispose of the notice within four weeks, considering the impending liquidation of the appellant-company and the limited scope of the stay order issued by the Bombay High Court.
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