Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Revenue recognition for service contracts must use the straight-line method, so AMC receipts are recognised over the contract period.
    Rectification under section 154 without reasons or hearing is unsustainable; deduction under section 10AA must be restored.
    TDS credit verification: credits shown in Form 26AS or supported by evidence and indemnity may be allowed only after AO verification.
    Admissibility of Section 108 statements upheld; corroborative forensic digital evidence sustained confiscation and penalties despite parity claim.
    Dutiable goods exclude items subject only to IGST, so SEZ-to-DTA computer clearances cannot be treated as personal imports under 9804.
    Due Diligence Requirement for Customs Brokers - regulatory penalty set aside where parallel proceedings were dropped and importer granted relief.
    Use of Import Export Code by third parties and false declarations attracts confiscation and customs penalties.
    Interpretative classification negates willful suppression, leading to penalties under customs penalty law being set aside.
    Limitation on Customs show cause notices: extended period unavailable where department had prior knowledge, so SCN held time barred.
    Anticipatory Bail granted on conditions balancing presumption of innocence with investigative needs; passport surrender and regular attendance require...
    Insolvency eligibility: see-through analysis of de facto control found applicant disqualified, CIRP to continue pending inquiry.
    Presumption of Service: deemed Form B notice and concealment of developments led to dismissal and costs imposed.
    Mitigation for delayed adjudication reduces penalty though contravention established by documentary and corroborative evidence.
    Civil penalty liability under FEMA: mens rea not required; penalty reduced and pre-deposit to be adjusted accordingly.
    Foreign exchange derivative prohibition confirmed; civil penalties apply without mens rea and mitigation reduced the quantified penalty.
    Electronic Service Validity: email service upheld, RUDs remitted for supply by Adjudicating Authority and supplementary reply allowed.
    Freezing power under PMLA may be applied where investigative material gives reasons to believe proceeds of crime, even despite prior encumbrances.
    Provisional attachment under PMLA confirmed where seized records and corroboration showed forged degrees and undisclosed proceeds of crime.
    Proceeds of crime: excess excavation quantified as wrongful gain; equivalent-value property may be provisionally attached when taint is untraceable.
    Breach of natural justice: reliance on fresh charges and lack of reasons invalidates removal, writ entertained and order set aside.
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters

Arbitral proceedings were invalidated due to procedural...

Arbitral award on contract validity and suppression of insolvency set aside for procedural failures; fresh arbitration permitted.

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Indian Laws January 21, 2026 Case Laws HC
Arbitral proceedings were invalidated due to procedural irregularities: the tribunal denied a timely application to amend defence and counterclaim despite the petitioners contention that knowledge of suppression of an ongoing insolvency process against a lead consortium member arose after the pleadings deadline, and thus failed to decide a crucial challenge to contract validity rendering the arbitration agreement and award tainted by alleged fraud; the tribunal further awarded substantial claims without any oral evidence, framed issues after directing earlier evidence filings, and recorded findings without referring to supporting documents. Consequence: the award was set aside and fresh arbitration was permitted with full opportunity to lead evidence and raise the validity defence.

Topics

Acts Income Tax