Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
SC directed formation of Special Investigation Team (SIT) to probe potential collusive practices between banks and builders in housing development projects across Noida, Greater Noida, and Gurugram regions. The court noted significant non-compliance with previous judicial directives, with only 9 banks and 5 developers submitting required affidavits. The Standing Counsel for CBI was instructed to be present for SIT constitution and potential case registration, focusing on investigating financial irregularities where homebuyers have paid substantial amounts but projects remain unfinished or unstarted. The ruling emphasized strict adherence to regulatory guidelines, protecting homebuyers' interests, and ensuring transparent fund disbursement by financial institutions.
SC directed formation of Special Investigation Team (SIT) to probe potential collusive practices between banks and builders in housing development projects across Noida, Greater Noida, and Gurugram regions. The court noted significant non-compliance with previous judicial directives, with only 9 banks and 5 developers submitting required affidavits. The Standing Counsel for CBI was instructed to be present for SIT constitution and potential case registration, focusing on investigating financial irregularities where homebuyers have paid substantial amounts but projects remain unfinished or unstarted. The ruling emphasized strict adherence to regulatory guidelines, protecting homebuyers' interests, and ensuring transparent fund disbursement by financial institutions.
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