Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
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...
The HC held that it lacks power to condone delay in filing appeals beyond 120 days stipulated u/s 74(1) of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Section 74(1) proviso expressly excludes applicability of Section 5 of Limitation Act, 1963 by conferring power to condone delay only up to 60 days beyond initial 60 days period. The applications seeking condonation of delay beyond 120 days were dismissed.
The HC held that it lacks power to condone delay in filing appeals beyond 120 days stipulated u/s 74(1) of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Section 74(1) proviso expressly excludes applicability of Section 5 of Limitation Act, 1963 by conferring power to condone delay only up to 60 days beyond initial 60 days period. The applications seeking condonation of delay beyond 120 days were dismissed.
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