Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Nominee director protection shields independent financial-institution appointees from criminal liability where they lack involvement in deposit defaul...
Revision petitions filed within time limit granted by High Court, rejecting them on ground of limitation without hearing petitioner violates natural justice. Impugned orders rejecting revision petitions solely on limitation ground illegal, liable to be set aside. Petition allowed.
Revision petitions filed within time limit granted by High Court, rejecting them on ground of limitation without hearing petitioner violates natural justice. Impugned orders rejecting revision petitions solely on limitation ground illegal, liable to be set aside. Petition allowed.
Note: It is a system-generated summary and is for quick reference only.