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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AT dismissed the appellant's application for condonation of 100-day delay in filing an appeal against SEBI's confirmatory order. The tribunal found the appellant's grounds-including travel for social purposes, medical appointments, and advocate changes-insufficient to justify the delay. As a Non-Executive Director and Chairman, the appellant was deemed negligent in not timely pursuing the appeal. The tribunal applied established legal principles and exercised its discretionary jurisdiction to reject the delay condonation request, thereby effectively maintaining the original order.
AT dismissed the appellant's application for condonation of 100-day delay in filing an appeal against SEBI's confirmatory order. The tribunal found the appellant's grounds-including travel for social purposes, medical appointments, and advocate changes-insufficient to justify the delay. As a Non-Executive Director and Chairman, the appellant was deemed negligent in not timely pursuing the appeal. The tribunal applied established legal principles and exercised its discretionary jurisdiction to reject the delay condonation request, thereby effectively maintaining the original order.
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