Penalty under section 271(1)(c) deleted where income was disclosed in section 153A returns and remaining additions were only estimated or computationa...
Page of 4809
Press 'Enter' after typing page number.
4561 to 4580 of 96174 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Finality of court confirmed auction sales does not bar limited supervisory review where credible doubts arise about adequacy of valuation or fairness in fixing the reserve price; the Court applied the principle that protections for a bona fide auction purchaser are strong but not absolute, permitting remand for reassessment to secure best realisable value of the secured asset. The High Court's confined direction to remit valuation and reserve price circumstances to the DRT was treated as a balanced, legally permissible exercise because it did not set aside the confirmed auction or prejudice recovery already effected. The appeal was dismissed and the remand sustained.
Finality of court confirmed auction sales does not bar limited supervisory review where credible doubts arise about adequacy of valuation or fairness in fixing the reserve price; the Court applied the principle that protections for a bona fide auction purchaser are strong but not absolute, permitting remand for reassessment to secure best realisable value of the secured asset. The High Court's confined direction to remit valuation and reserve price circumstances to the DRT was treated as a balanced, legally permissible exercise because it did not set aside the confirmed auction or prejudice recovery already effected. The appeal was dismissed and the remand sustained.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
