Additional evidence in departmental appeals may include show-cause-notice material without introducing a new case where it merely corroborates existin...
Reasoned rectification orders require consideration of expenditure disclosed in income-tax returns, preventing revision based on incomplete income com...
Modified returns after business reorganisations cannot trigger fresh scrutiny once the original assessment was complete, invalidating related transfer...
Third-party loose sheets require reliable nexus before supporting unexplained expenditure additions; presumptions do not establish payer identity or o...
TNMM comparability using audited accounts and working-capital adjustments can eliminate unwarranted transfer-pricing additions where verified margins ...
Gross-profit additions on disputed purchases require reasoned appellate determination; disclosed claims alone do not support inaccurate-particulars pe...
Limitation after transfer-pricing remand: fresh TPO reference did not extend the assessment deadline, rendering the consequential assessment time-barr...
Interim judicial restraint on tax deduction prevents default, while supporting reasonable cause and penalty deletion for foreign-leg LFC reimbursement...
Page of 4902
Press 'Enter' after typing page number.
241 to 260 of 98028 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Suspension of an insolvency professional's registration renders the professional ineligible to continue in any ongoing insolvency process, rather than only the assignment underlying disciplinary action. Regulation 13(7) requires intimation of the suspension to the relevant Committees of Creditors and the Adjudicating Authority, operating separately from the Committee's commercial power to replace an otherwise eligible resolution professional. Challenges concerning disclosure, valuation, statutory recourse and disciplinary procedure raised issues for final consideration but did not establish a prima facie case, balance of convenience or irreparable injury. Interim stay of the disciplinary suspension was therefore declined, without determining the main appeal's merits.
Suspension of an insolvency professional's registration renders the professional ineligible to continue in any ongoing insolvency process, rather than only the assignment underlying disciplinary action. Regulation 13(7) requires intimation of the suspension to the relevant Committees of Creditors and the Adjudicating Authority, operating separately from the Committee's commercial power to replace an otherwise eligible resolution professional. Challenges concerning disclosure, valuation, statutory recourse and disciplinary procedure raised issues for final consideration but did not establish a prima facie case, balance of convenience or irreparable injury. Interim stay of the disciplinary suspension was therefore declined, without determining the main appeal's merits.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4902 
