Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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NCLAT held that despite belated claim submission by a homebuyer after CoC approval, the claim must be considered if reflected in the corporate debtor's information memorandum. The Tribunal directed the resolution professional to submit appellant's details to the resolution applicant, who shall prepare an addendum to the resolution plan within three months. The resolution plan, including the addendum, shall be placed before the CoC and subsequently considered by the Adjudicating Authority during plan approval. The decision balances procedural timelines with substantive justice for non-commercial entities like homebuyers, ensuring their legitimate claims are not entirely extinguished due to technical delays.
NCLAT held that despite belated claim submission by a homebuyer after CoC approval, the claim must be considered if reflected in the corporate debtor's information memorandum. The Tribunal directed the resolution professional to submit appellant's details to the resolution applicant, who shall prepare an addendum to the resolution plan within three months. The resolution plan, including the addendum, shall be placed before the CoC and subsequently considered by the Adjudicating Authority during plan approval. The decision balances procedural timelines with substantive justice for non-commercial entities like homebuyers, ensuring their legitimate claims are not entirely extinguished due to technical delays.
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