Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The High Court addressed the restriction on the petitioner's claim for GST amounts due to the end of the agreement between the respondent and the renter. The court held that the agreement's termination does not negate the petitioner's claim. The court determined that the arbitral tribunal is the appropriate forum to decide the petitioner's entitlement under the assignment agreements. An interim order was granted, restraining the respondent from dealing with the Escrow Account pending arbitration proceedings u/s 17 of the Arbitration and Conciliation Act, 1996. Application allowed.
The High Court addressed the restriction on the petitioner's claim for GST amounts due to the end of the agreement between the respondent and the renter. The court held that the agreement's termination does not negate the petitioner's claim. The court determined that the arbitral tribunal is the appropriate forum to decide the petitioner's entitlement under the assignment agreements. An interim order was granted, restraining the respondent from dealing with the Escrow Account pending arbitration proceedings u/s 17 of the Arbitration and Conciliation Act, 1996. Application allowed.
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TaxTMI 
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