Reassessment under s.148A held valid; s.69 additions totaling Rs.7,00,000 deleted after acceptable contemporaneous explanations for property investmen...
Adjudication set aside; Rule 9 valuation based on internet engineer report quashed for Rule 3(4) non-compliance; Section 138B cross-examination requir...
The HC quashed and set aside the three domestic arbitral awards as implausible and irreparably infected by manifest contradictions and inconsistent findings by a common arbitrator sitting on different appellate tribunals, rendering the awards vitiated by patent illegality and perversity. The court found the awards indivisible and incapable of segregation; none could be salvaged. The HC appointed a sole arbitrator (former judge) to re-adjudicate the disputes between the parties and directed further arbitral proceedings accordingly. The petition was disposed of and all three awards annulled.
The HC quashed and set aside the three domestic arbitral awards as implausible and irreparably infected by manifest contradictions and inconsistent findings by a common arbitrator sitting on different appellate tribunals, rendering the awards vitiated by patent illegality and perversity. The court found the awards indivisible and incapable of segregation; none could be salvaged. The HC appointed a sole arbitrator (former judge) to re-adjudicate the disputes between the parties and directed further arbitral proceedings accordingly. The petition was disposed of and all three awards annulled.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
