Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
A transfer application seeking shifting of proceedings from one NCLT Bench was rejected, where the applicants alleged that a Technical Member "threatened to vacate" an interim stay during hearing. The Court held that transfer cannot be granted merely due to oral observations made in the course of proceedings, and characterised the plea as an unjustified attempt to browbeat the Tribunal; hence, the President's decision to treat the application as liable to dismissal required no interference. The legal question raised in a connected matter filed by the same applicants was expressly kept open to be decided in separate proceedings where notice had been issued. - SC
A transfer application seeking shifting of proceedings from one NCLT Bench was rejected, where the applicants alleged that a Technical Member "threatened to vacate" an interim stay during hearing. The Court held that transfer cannot be granted merely due to oral observations made in the course of proceedings, and characterised the plea as an unjustified attempt to browbeat the Tribunal; hence, the President's decision to treat the application as liable to dismissal required no interference. The legal question raised in a connected matter filed by the same applicants was expressly kept open to be decided in separate proceedings where notice had been issued. - SC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
