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...
An NCLAT order was set aside where the Adjudicating Authority directed release of charge over the entire land and implementation of a resolution plan without hearing affected parties, without recording reasons, and without considering a subsisting interim order of the Appellate Tribunal. The Tribunal held that judicial propriety required the earlier status quo order to be taken into account, and that passing directions at the first hearing without objections, fair hearing, or application of mind breached audi alteram partem and natural justice. The impugned directions were quashed, and the matter was remitted for fresh consideration, if necessary, after accounting for the interim order.
An NCLAT order was set aside where the Adjudicating Authority directed release of charge over the entire land and implementation of a resolution plan without hearing affected parties, without recording reasons, and without considering a subsisting interim order of the Appellate Tribunal. The Tribunal held that judicial propriety required the earlier status quo order to be taken into account, and that passing directions at the first hearing without objections, fair hearing, or application of mind breached audi alteram partem and natural justice. The impugned directions were quashed, and the matter was remitted for fresh consideration, if necessary, after accounting for the interim order.
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