Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Section 7 application rejected as barred by Section 10A of IBC. Supreme Court held no bar in amending pleadings or filing additional documents u/s 7, but present case involved changing default date without justification. Section 10A provides protection to corporate debtor during COVID period, which cannot be circumvented indirectly. Adjudicating Authority rightly rejected amendment application and Section 7 application as barred by Section 10A, which prohibits filing applications for defaults during the specified period. Argument of continuous default rejected. Appeal dismissed by NCLAT.
Section 7 application rejected as barred by Section 10A of IBC. Supreme Court held no bar in amending pleadings or filing additional documents u/s 7, but present case involved changing default date without justification. Section 10A provides protection to corporate debtor during COVID period, which cannot be circumvented indirectly. Adjudicating Authority rightly rejected amendment application and Section 7 application as barred by Section 10A, which prohibits filing applications for defaults during the specified period. Argument of continuous default rejected. Appeal dismissed by NCLAT.
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