Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
A 90-day extension to implement a bona fide settlement agreement was granted to the corporate debtor to enable payment of the balance sum, modifying the earlier limited protection period; if payment occurs within that period the prior withdrawal of CIRP will become operative and the CIRP will terminate. The adjudicating authority's restoration of CIRP and interim restraint on coercive steps to permit implementation was recognised but the implementation period was extended. The financial creditor and the resolution professional are directed to provide necessary assistance to facilitate implementation and payment during the granted period to further rehabilitation objectives under the Code.
A 90-day extension to implement a bona fide settlement agreement was granted to the corporate debtor to enable payment of the balance sum, modifying the earlier limited protection period; if payment occurs within that period the prior withdrawal of CIRP will become operative and the CIRP will terminate. The adjudicating authority's restoration of CIRP and interim restraint on coercive steps to permit implementation was recognised but the implementation period was extended. The financial creditor and the resolution professional are directed to provide necessary assistance to facilitate implementation and payment during the granted period to further rehabilitation objectives under the Code.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
