Declaration of wilful defaulter was set aside as review committee just endorsed a view of Identification Committee

Case Details: Senthil Arumugasamy v. … Continue reading “Declaration of wilful defaulter was set aside as review committee just endorsed a view of Identification Committee”

Drafting Limited Liability Partnership Agreement (Pursuant to the provisions of Limited Liability Partnership Act, 2008)

[2021] 131 taxmann.com 197 (Article) … Continue reading “Drafting Limited Liability Partnership Agreement (Pursuant to the provisions of Limited Liability Partnership Act, 2008)”

Right of ‘limited finality’ violated if reasoning adopted by CIT(A) for dismissing appeal not considered at assessment

Case Details: Energy Infratech (P.) … Continue reading “Right of ‘limited finality’ violated if reasoning adopted by CIT(A) for dismissing appeal not considered at assessment”

CIRP was to be admitted when corporate debtor admitted debt on various occasion and didn’t raise any dispute

Case Details: Shapoorji Pallonji and … Continue reading “CIRP was to be admitted when corporate debtor admitted debt on various occasion and didn’t raise any dispute”

Assessee can’t seek parallel remedy by filing writ on same day of lodging of objections before AO: Bombay HC

Case Details: John Sebastian Zezito … Continue reading “Assessee can’t seek parallel remedy by filing writ on same day of lodging of objections before AO: Bombay HC”

Section 164(2) disqualifying directors for 5 yrs on failure to submit financials for 3 years is not ultra vires: HC

Case Details: Zacharia Maramkandathil Mohan … Continue reading “Section 164(2) disqualifying directors for 5 yrs on failure to submit financials for 3 years is not ultra vires: HC”