Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
The HC held that the Tribunal's decision deleting the addition u/s 68 was justified as the assessee had discharged its burden of substantiating the identity, creditworthiness, and genuineness of the transactions involving receipt of share application money. The HC found no substantial question of law arising from the Tribunal's factual findings based on evidence. Consequently, the HC declined to interfere with the Tribunal's decision in favor of the assessee.
The HC held that the Tribunal's decision deleting the addition u/s 68 was justified as the assessee had discharged its burden of substantiating the identity, creditworthiness, and genuineness of the transactions involving receipt of share application money. The HC found no substantial question of law arising from the Tribunal's factual findings based on evidence. Consequently, the HC declined to interfere with the Tribunal's decision in favor of the assessee.
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