https://www.taxtmi.com/article/detailed?id=12735 An obligation to tolerate presupposes an available right to refuse tolerance; where tolerance is the unavoidable default it cannot be treated as an obligation because obligation requires acceptance based on an offer and lawful authority. Tolerance involves relinquishment and is not equivalent to consideration; damages address breach rather than tolerated conduct. Proactive tolerance can be waived and later repudiated, enabling the creditor to end previously tolerated non-performance. en-us Tue, 25 Jun 2024 18:54:28 +0530 Tue, 25 Jun 2024 18:54:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12735 An obligation to tolerate presupposes an available right to refuse tolerance; where tolerance is the unavoidable default it cannot be treated as an obligation because obligation requires acceptance based on an offer and lawful authority. Tolerance involves relinquishment and is not equivalent to consideration; damages address breach rather than tolerated conduct. Proactive tolerance can be waived and later repudiated, enabling the creditor to end previously tolerated non-performance. Articles Goods and Services Tax - GST Tue, 25 Jun 2024 18:54:28 +0530 https://www.taxtmi.com/article/detailed?id=12735