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...
Page of 4828
Press 'Enter' after typing page number.
161 to 180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The NCLAT dismissed the application for condonation of a 152-day delay in refiling the appeal, holding that the Applicant failed to demonstrate sufficient or justifiable cause. The Applicant did not provide a credible explanation for the delay or substantiate the alleged difficulties in obtaining clear copies of documents. Furthermore, the Applicant sought exemption from filing true typed copies of dim/illegible documents, undermining the claim of diligent efforts to cure defects. The Tribunal found the delay resulted from negligence and lack of bona fide efforts rather than circumstances beyond the Applicant's control. Given the importance of timely proceedings in insolvency matters, the Tribunal declined to condone the delay, emphasizing that the Applicant did not show reasonable grounds to warrant relief. Accordingly, the application for condonation of delay was rejected and the appeal was not admitted.
The NCLAT dismissed the application for condonation of a 152-day delay in refiling the appeal, holding that the Applicant failed to demonstrate sufficient or justifiable cause. The Applicant did not provide a credible explanation for the delay or substantiate the alleged difficulties in obtaining clear copies of documents. Furthermore, the Applicant sought exemption from filing true typed copies of dim/illegible documents, undermining the claim of diligent efforts to cure defects. The Tribunal found the delay resulted from negligence and lack of bona fide efforts rather than circumstances beyond the Applicant's control. Given the importance of timely proceedings in insolvency matters, the Tribunal declined to condone the delay, emphasizing that the Applicant did not show reasonable grounds to warrant relief. Accordingly, the application for condonation of delay was rejected and the appeal was not admitted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
