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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Pursuant to an interim order directing payment to the Monitoring Committee, NCLAT held that no time-period or accrual date for interest was fixed by the Tribunal, and therefore the Applicant was not prima facie entitled to interest from the date of the interim order. The Registry released the directed sum on a later date, and NCLAT reaffirmed its prior judgment setting aside NCLT's direction for proportionate interest, which has become final. As the Applicant has subsequently received the full sum determined by the adjudicating authorities, no further relief is warranted and the application is dismissed.
Pursuant to an interim order directing payment to the Monitoring Committee, NCLAT held that no time-period or accrual date for interest was fixed by the Tribunal, and therefore the Applicant was not prima facie entitled to interest from the date of the interim order. The Registry released the directed sum on a later date, and NCLAT reaffirmed its prior judgment setting aside NCLT's direction for proportionate interest, which has become final. As the Applicant has subsequently received the full sum determined by the adjudicating authorities, no further relief is warranted and the application is dismissed.
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