Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
CIRP - It is submitted that the Appellant has 00.54 % share as an operational creditor and would fall much lower in the scale of Section 53 of IBC - The Appellate Tribunal noted that the e-auction was conducted transparently, with adequate publicity and opportunity for bidders. The valuations were based on comprehensive reports by registered valuers and had been accepted by the stakeholder consultation committee. - The tribunal dismissed the operational creditor's challenge, affirming that the e-auction was conducted properly and the asset valuation was appropriately executed.
CIRP - It is submitted that the Appellant has 00.54 % share as an operational creditor and would fall much lower in the scale of Section 53 of IBC - The Appellate Tribunal noted that the e-auction was conducted transparently, with adequate publicity and opportunity for bidders. The valuations were based on comprehensive reports by registered valuers and had been accepted by the stakeholder consultation committee. - The tribunal dismissed the operational creditor's challenge, affirming that the e-auction was conducted properly and the asset valuation was appropriately executed.
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