Inventory write-off and fraudulent/wrongful trading allegations in corporate insolvency led to director liability principles applied and appeal dismis...
Condonation of delay in filing GSTR-3B returns and entitlement to Section 62 benefit results in withdrawal of assessments and revocation of attachment...
Receipt characterised as income from house property where transferee of infrastructure business stepped into transferor's position and continued licence payments; licence fees retained the character of rent arising from use of immovable property, so amounts already offered under Income from House Property cannot be subjected to a fresh addition. Assessing Officer must verify the assessee's computation and give effect to the appellate direction to ensure no double addition is made, treating the CNIL receipt as income from house property.
Receipt characterised as income from house property where transferee of infrastructure business stepped into transferor's position and continued licence payments; licence fees retained the character of rent arising from use of immovable property, so amounts already offered under Income from House Property cannot be subjected to a fresh addition. Assessing Officer must verify the assessee's computation and give effect to the appellate direction to ensure no double addition is made, treating the CNIL receipt as income from house property.
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