Addition for reconciliation difference in the closing balance of debtor as per books of account of the assessee and that…
Addition u/s 68 for cash deposit prior to issue of cheque by lender deleted as deposit was out of cash…
Seat of arbitration outside India - Supreme Courts important judgment on application of New York Convention and foreign award under…
Supreme Court stayed Allahabad High Court order of lockdown in six cities of UP till 26.04.2021. Read Full Judgment Supreme…
Appellate Tribunal cannot sit in appeal on commercial wisdom of the ‘Committee of Creditors’ and to annul the resolution plan.…
Consideration received on Family Settlement chargeable to capital gain tax in absence of 'preexisting right' in property. SLP dismissed by…
Supreme Court issues directions for speedy trial of offences for dishonour of cheques u/s 138 of Negotiable Instrument Act 1881…
Entry in balance sheet of a corporate debtor may amount to an acknowledgement of liability u/s 18 of the Limitation…
The Central/State Government/local authority bound by the resolution plan once approved by Adjudicating Authority (i.e. NCLT) retrospectively. ABCAUS Case Law…
Revision u/s 263 on issues not covered under limited scrutiny quashed as AO could not had gone into other issues…