No penalty for misreporting of income if AO & assessee used same details to arrive at different conclusions: HC

Case Details: Prem Brothers Infrastructure … Continue reading “No penalty for misreporting of income if AO & assessee used same details to arrive at different conclusions: HC”

No default in repayment occurred where corporate debtor paid portion as per settlement but failed to buy-back its shares

Case Details: Stressed Assets Stabilization … Continue reading “No default in repayment occurred where corporate debtor paid portion as per settlement but failed to buy-back its shares”

Listing agreement wasn’t violated when use of proceeds of preferential issue for a different purpose was ratified in AGM; SAT

Case Details: Terrascope Ventures Ltd. … Continue reading “Listing agreement wasn’t violated when use of proceeds of preferential issue for a different purpose was ratified in AGM; SAT”