Donor-directed corpus contributions retain capital character despite exemption claims under section 10(23C)(vi), preventing their treatment as taxable...
Enhanced tax-audit threshold applies where banking records establish compliant non-cash receipts and payments, eliminating penalty exposure for audit ...
Transfer pricing consistency protects identical non-interest-bearing debenture terms from a later notional-interest adjustment without valid statutory...
Rectification of debatable deduction claims cannot reverse scrutiny-approved co-operative society interest income deductions as apparent record errors...
Cash-method accounting bars presumptive interest taxation, while unsupported securities and share-trading additions require reliable material and veri...
Suit for permanent injunction regarding outstanding dues and arrears of storage charges. Order VII Rule 11 CPC. Plaintiff specifically reserved rights in first suit regarding claim against warehousing charges, damages for illegal use and occupation, and applied for leave to file separate suit, which was granted. No relinquishment or omission to claim relief. Separate causes of action, second suit maintainable. Appellant facing recovery of over Rs. 8 crores, unnecessarily delaying suit pending since 2016. Impugned order does not suffer from infirmity. Appeal dismissed.
Suit for permanent injunction regarding outstanding dues and arrears of storage charges. Order VII Rule 11 CPC. Plaintiff specifically reserved rights in first suit regarding claim against warehousing charges, damages for illegal use and occupation, and applied for leave to file separate suit, which was granted. No relinquishment or omission to claim relief. Separate causes of action, second suit maintainable. Appellant facing recovery of over Rs. 8 crores, unnecessarily delaying suit pending since 2016. Impugned order does not suffer from infirmity. Appeal dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
