Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Seeking restoration of name of the company on ROC - failure to file the Financial Statement and Annual Returns since incorporation - Section 252 of Companies Act, 2013 - The Appellate Tribunal noted that while the appellant had filed financial statements until 2015-16, there was a gap in filings for the subsequent years. However, the appellant had produced independent auditor reports for the missing years, demonstrating substantial assets and indicating a bonafide intention to comply. - Considering the appellant's substantial assets, the Tribunal found it just and equitable to restore the company's name to the Register of Companies. They emphasized that the appellant was not a shell company or engaged in fund siphoning, and the restoration would not prejudice the Registrar of Companies.
Seeking restoration of name of the company on ROC - failure to file the Financial Statement and Annual Returns since incorporation - Section 252 of Companies Act, 2013 - The Appellate Tribunal noted that while the appellant had filed financial statements until 2015-16, there was a gap in filings for the subsequent years. However, the appellant had produced independent auditor reports for the missing years, demonstrating substantial assets and indicating a bonafide intention to comply. - Considering the appellant's substantial assets, the Tribunal found it just and equitable to restore the company's name to the Register of Companies. They emphasized that the appellant was not a shell company or engaged in fund siphoning, and the restoration would not prejudice the Registrar of Companies.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
