Stamp valuation increases after registration-fee payment led to deletion of property-purchase addition within tolerance and without valuation referral...
Capital Asset Conversion Requires Proven Business Stock Treatment; Paper Consideration in Spousal Flat Transfers Does Not Create Taxable Business Inco...
Human-probability test defeats political donation deduction where banking records mask accommodation-entry fund layering and evidence shows non-genuin...
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Tri dismissed the petition alleging oppression and mismanagement under Sections 397 & 398 of Companies Act, 1956. The tribunal found the petitioner suppressed material facts about initial company formation and land acquisition agreements. Documentary evidence demonstrated the petitioner was part of an original group agreement with equal capital participation. The petitioner failed to substantiate claims of misappropriation and was deemed to have approached the tribunal without clean hands. The tribunal emphasized that party conduct is crucial in equitable proceedings, ultimately rejecting the petitioner's allegations as vague and unsupported by sufficient evidence.
Tri dismissed the petition alleging oppression and mismanagement under Sections 397 & 398 of Companies Act, 1956. The tribunal found the petitioner suppressed material facts about initial company formation and land acquisition agreements. Documentary evidence demonstrated the petitioner was part of an original group agreement with equal capital participation. The petitioner failed to substantiate claims of misappropriation and was deemed to have approached the tribunal without clean hands. The tribunal emphasized that party conduct is crucial in equitable proceedings, ultimately rejecting the petitioner's allegations as vague and unsupported by sufficient evidence.
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