Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
The High Court held that the interest on a money award is to be calculated at three times the RBI-notified rates with monthly compounding, fluctuating along with RBI rates. The award-debtor must pay interest calculated this way from the appointed date to repayment within 4 weeks, providing detailed calculations. The award-holder may withdraw or utilize the already paid/deposited amount. The matter will be listed for compliance on August 6, 2024, with the award-debtor required to file an affidavit showing full payment of interest and principal, along with detailed interest calculations.
The High Court held that the interest on a money award is to be calculated at three times the RBI-notified rates with monthly compounding, fluctuating along with RBI rates. The award-debtor must pay interest calculated this way from the appointed date to repayment within 4 weeks, providing detailed calculations. The award-holder may withdraw or utilize the already paid/deposited amount. The matter will be listed for compliance on August 6, 2024, with the award-debtor required to file an affidavit showing full payment of interest and principal, along with detailed interest calculations.
Note: It is a system-generated summary and is for quick reference only.
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