Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Beneficial ownership was sufficient to sustain proceedings under sections 241-242 and 59 where the transferee had paid full consideration, the sale was confirmed in foreign liquidation, and the liquidator had acknowledged that legal and financial interest in the shares had vested in it; the company could not rely on its own failure to complete transfer formalities to deny locus. The EOGM notice was held valid because it was sent to the liquidator's official email address and there was no legal requirement to send it separately to the secretary. Share transfer under the articles was also held to carry the transferor's obligations, including the non-compete covenant, and the transferee was directed to be admitted as shareholder subject to that covenant.
Beneficial ownership was sufficient to sustain proceedings under sections 241-242 and 59 where the transferee had paid full consideration, the sale was confirmed in foreign liquidation, and the liquidator had acknowledged that legal and financial interest in the shares had vested in it; the company could not rely on its own failure to complete transfer formalities to deny locus. The EOGM notice was held valid because it was sent to the liquidator's official email address and there was no legal requirement to send it separately to the secretary. Share transfer under the articles was also held to carry the transferor's obligations, including the non-compete covenant, and the transferee was directed to be admitted as shareholder subject to that covenant.
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