Appellate enhancement limits protect against new income sources, while documented credits and prior-year investments resist unexplained-income additio...
Capital-gains exemption for charitable trusts extends to qualifying fixed deposits, while unrecoverable TDS write-offs may constitute income applicati...
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Corporate Insolvency Resolution Process (CIRP) - Settlement proposal initially rejected by Committee of Creditors (CoC), revised proposal submitted and pending consideration. CoC can consider resolution plan and settlement proposal simultaneously. No requirement for CoC to hear respondent unless CoC decides for negotiations. Revised settlement proposal submitted, no need for further evidence unless required by CoC or Insolvency Resolution Professional (IRP). CIRP not stayed by Supreme Court. Application dismissed by Appellate Tribunal.
Corporate Insolvency Resolution Process (CIRP) - Settlement proposal initially rejected by Committee of Creditors (CoC), revised proposal submitted and pending consideration. CoC can consider resolution plan and settlement proposal simultaneously. No requirement for CoC to hear respondent unless CoC decides for negotiations. Revised settlement proposal submitted, no need for further evidence unless required by CoC or Insolvency Resolution Professional (IRP). CIRP not stayed by Supreme Court. Application dismissed by Appellate Tribunal.
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TaxTMI 
TaxTMI 
