Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
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Insolvency and BankruptcyMarch 29, 2024Case LawsAT
CIRP - Appellant seeks to modify the project completion date from 03.12.2023 to 03.12.2024, as stated in the subsequent certificate issued by the Real Estate Regulatory Authority (RERA) - correction of error in exercise of inherent jurisdiction of this Tribunal - After considering the submissions of both parties, the Tribunal found that the date mentioned in the judgment accurately reflected the information noticed by the Adjudicating Authority in the impugned order. As such, the Tribunal concluded that there was no mistake or slip in its judgment that warranted correction.
CIRP - Appellant seeks to modify the project completion date from 03.12.2023 to 03.12.2024, as stated in the subsequent certificate issued by the Real Estate Regulatory Authority (RERA) - correction of error in exercise of inherent jurisdiction of this Tribunal - After considering the submissions of both parties, the Tribunal found that the date mentioned in the judgment accurately reflected the information noticed by the Adjudicating Authority in the impugned order. As such, the Tribunal concluded that there was no mistake or slip in its judgment that warranted correction.
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