Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
An approved resolution plan cannot be used to reopen or indefinitely re-scrutinise a homebuyer claim already admitted by the resolution professional and reflected in the creditors' list. The verification clause, read holistically, was limited to checking original documents and executing a fresh builder-buyer agreement; it did not permit re-adjudication or rejection after plan approval. Where the claim was timely filed, fully admitted, and the plan had become final, the successful resolution applicant had to implement the plan and honour crystallised liabilities. On the facts, the appellant's entitlement to title and physical possession of the allotted flat was established, and the direction for fresh scrutiny was unsustainable.
An approved resolution plan cannot be used to reopen or indefinitely re-scrutinise a homebuyer claim already admitted by the resolution professional and reflected in the creditors' list. The verification clause, read holistically, was limited to checking original documents and executing a fresh builder-buyer agreement; it did not permit re-adjudication or rejection after plan approval. Where the claim was timely filed, fully admitted, and the plan had become final, the successful resolution applicant had to implement the plan and honour crystallised liabilities. On the facts, the appellant's entitlement to title and physical possession of the allotted flat was established, and the direction for fresh scrutiny was unsustainable.
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