Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Imitation of CIRP - Admissibility of Intervention Petition - Homebuyers - Several intervention petitions were filed by unit holders in the project, seeking to dismiss the main company petition. These petitions were dismissed as well, with the NCLAT noting that the petitions were attempts to delay the CIRP process. - Additionally, the corporate debtor filed a scheme u/s 230 of the Companies Act, proposing to complete the project, arguing that the scheme should defer the Section 7 proceedings. However, the NCLAT found that the pending scheme could not halt the Section 7 application, emphasizing the need for an expeditious resolution as per the Supreme Court's directives.
Imitation of CIRP - Admissibility of Intervention Petition - Homebuyers - Several intervention petitions were filed by unit holders in the project, seeking to dismiss the main company petition. These petitions were dismissed as well, with the NCLAT noting that the petitions were attempts to delay the CIRP process. - Additionally, the corporate debtor filed a scheme u/s 230 of the Companies Act, proposing to complete the project, arguing that the scheme should defer the Section 7 proceedings. However, the NCLAT found that the pending scheme could not halt the Section 7 application, emphasizing the need for an expeditious resolution as per the Supreme Court's directives.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
