Commission expenditure linked to pharmaceutical marketing income qualifies as business deduction when recipient identity, genuineness and business pur...
Country of Origin Certificates and declared transaction value supported preferential customs exemption where authenticity and invoice prices remained ...
The appellant's application seeking attachment of a flat in lieu of the mandatory pre-deposit u/s 43(5) of the RERA was dismissed. The court held that the appellant cannot claim benefit of the moratorium issued by the NCLT for an exemption from making the pre-deposit, as the insolvency resolution process pertains to a different project. The court upheld the requirement of pre-deposit as a precondition for hearing appeals under RERA, as affirmed by the Supreme Court, rejecting the appellant's offer of a flat as security. Consequently, the appeal was dismissed.
The appellant's application seeking attachment of a flat in lieu of the mandatory pre-deposit u/s 43(5) of the RERA was dismissed. The court held that the appellant cannot claim benefit of the moratorium issued by the NCLT for an exemption from making the pre-deposit, as the insolvency resolution process pertains to a different project. The court upheld the requirement of pre-deposit as a precondition for hearing appeals under RERA, as affirmed by the Supreme Court, rejecting the appellant's offer of a flat as security. Consequently, the appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.