Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
Insolvency and BankruptcyMarch 30, 2024Case LawsAT
Rejection of Section 7 application - The appellate tribunal overturned the adjudicating authority's decision to dismiss the Section 7 application due to non-compliance with previous orders. It emphasized the appellant's efforts to comply and highlighted the respondent's failure to fulfill their obligations despite appearing through counsel. As a result, the tribunal revived the Section 7 application for further proceedings.
Rejection of Section 7 application - The appellate tribunal overturned the adjudicating authority's decision to dismiss the Section 7 application due to non-compliance with previous orders. It emphasized the appellant's efforts to comply and highlighted the respondent's failure to fulfill their obligations despite appearing through counsel. As a result, the tribunal revived the Section 7 application for further proceedings.
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