Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
NCLAT dismissed both appeals and all pending interlocutory applications, upholding the Adjudicating Authority's refusal to implead the Appellant and its rejection of the intervention application. The Tribunal held that the Appellant was not a necessary party under Order I r.10 CPC because effective adjudication of IA No.1091/2024 could occur in the Appellant's absence. The Adjudicating Authority permissibly granted leave to file a counterclaim before the Arbitral Tribunal during the moratorium under Section 14 IBC, subject to a rider keeping declaration of any award in abeyance; that order's legal consequences could not be agitated by the absent-party objection, and no interference was warranted.
NCLAT dismissed both appeals and all pending interlocutory applications, upholding the Adjudicating Authority's refusal to implead the Appellant and its rejection of the intervention application. The Tribunal held that the Appellant was not a necessary party under Order I r.10 CPC because effective adjudication of IA No.1091/2024 could occur in the Appellant's absence. The Adjudicating Authority permissibly granted leave to file a counterclaim before the Arbitral Tribunal during the moratorium under Section 14 IBC, subject to a rider keeping declaration of any award in abeyance; that order's legal consequences could not be agitated by the absent-party objection, and no interference was warranted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
