Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
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The Supreme Court allowed the appeal and held that the delay of around 12 days (not of 17 days) in filing the appeal was within the condonable limit of 15 days u/s 61(2) of the Insolvency and Bankruptcy Code, 2016. The application for condonation of delay should be decided on merits by the NCLAT. The matter will be listed before the NCLAT on 29.01.2025 for further proceedings.
The Supreme Court allowed the appeal and held that the delay of around 12 days (not of 17 days) in filing the appeal was within the condonable limit of 15 days u/s 61(2) of the Insolvency and Bankruptcy Code, 2016. The application for condonation of delay should be decided on merits by the NCLAT. The matter will be listed before the NCLAT on 29.01.2025 for further proceedings.
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