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Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
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Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
The ITAT, an Appellate Tribunal, considered a case regarding rectification u/s 254 related to Compensation under BTALA. The Tribunal found the applicant's attempt for review without pointing out any error in the order as lacking merit. The Tribunal's original dismissal of the appeal was not to be reevaluated. Reference to CIT v/s D.P. Sandu Bros. Chembur Pvt. Ltd indicated that tenancy right surrender falls u/s 45 as capital gains, but was deemed irrelevant here. The applicant's delay in approaching the High Court and repeated adjournments weakened their position. The request for additional evidence was rejected due to lack of prescribed procedure. The applicant failed to identify any error in the order and merely reiterated previous arguments. The Tribunal concluded that the applicant's filing was not maintainable and dismissed it.
The ITAT, an Appellate Tribunal, considered a case regarding rectification u/s 254 related to Compensation under BTALA. The Tribunal found the applicant's attempt for review without pointing out any error in the order as lacking merit. The Tribunal's original dismissal of the appeal was not to be reevaluated. Reference to CIT v/s D.P. Sandu Bros. Chembur Pvt. Ltd indicated that tenancy right surrender falls u/s 45 as capital gains, but was deemed irrelevant here. The applicant's delay in approaching the High Court and repeated adjournments weakened their position. The request for additional evidence was rejected due to lack of prescribed procedure. The applicant failed to identify any error in the order and merely reiterated previous arguments. The Tribunal concluded that the applicant's filing was not maintainable and dismissed it.
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