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" ?
SC upheld NCLAT's dismissal of the purchaser's appeals concerning sale of the corporate debtor's Raichur assets. It held that, after failure of the auction process and a subsequent decision for scrap sale, the transaction with the purchaser was a private sale requiring NCLT approval and did not fall under Regulation 33(2)(c) of the Liquidation Regulations. The forfeiture of Rs.37.80 crores was sustained as a consequence of non-compliance with the extended payment timelines imposed by NCLT, which the purchaser had accepted and partially acted upon. SC also found abuse of process in the purchaser's parallel writ before HC, further disentitling it to any equitable relief.
SC upheld NCLAT's dismissal of the purchaser's appeals concerning sale of the corporate debtor's Raichur assets. It held that, after failure of the auction process and a subsequent decision for scrap sale, the transaction with the purchaser was a private sale requiring NCLT approval and did not fall under Regulation 33(2)(c) of the Liquidation Regulations. The forfeiture of Rs.37.80 crores was sustained as a consequence of non-compliance with the extended payment timelines imposed by NCLT, which the purchaser had accepted and partially acted upon. SC also found abuse of process in the purchaser's parallel writ before HC, further disentitling it to any equitable relief.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
