Restriction of Input Tax Credit under Rule 86A applies only to fraudulently or ineligible availed credit; mere wrongful recipient availment is insuffi...
Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
Restriction on adoption of financial statements occurred alongside deferral of three AGM agenda items; the deferred items must be taken up by the tribunal on 27.01.2026 and directions issued thereon. The question whether a principal trustee may exercise voting rights and preside was addressed by directing compliance with statutory procedure for appointment of the chairperson by voting, and that no specific additional injunction against an individual was required because existing interim orders may be enforced and breaches pursued, including contempt proceedings. The appellate disposal requests the lower forum to expeditiously hear and decide the remaining agendas at the next listed hearing.
Restriction on adoption of financial statements occurred alongside deferral of three AGM agenda items; the deferred items must be taken up by the tribunal on 27.01.2026 and directions issued thereon. The question whether a principal trustee may exercise voting rights and preside was addressed by directing compliance with statutory procedure for appointment of the chairperson by voting, and that no specific additional injunction against an individual was required because existing interim orders may be enforced and breaches pursued, including contempt proceedings. The appellate disposal requests the lower forum to expeditiously hear and decide the remaining agendas at the next listed hearing.
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