Taxation of Waived Working Capital Loans: Insights from Sri Vasavi Polymers Pvt. Ltd. v. Income Tax Officer Introduction The case of The Income Tax Officer, Ward-3, Srikakulam v. Sri Vasavi Polymers...
Authority to Grant Extension for Special Audits Under Section 142(2A) Introduction The case of Assistant Commissioner of Income Tax (Appeals), New Delhi vs. M/s Soul Space Projects Ltd., Delhi...
Central Electricity Regulatory Commission's Landmark Decision on Transmission Tariff Truing Up: Establishing Rigorous Capital Cost Controls Introduction In the case of Power Grid Corporation Of India...
Regulatory Framework for Annuity Payments in Change of Law Compensation: ACME Jaipur Solar Power Pvt Ltd v. M.P. Power Management Co. Ltd Introduction The case of Acme Jaipur Solar Power Private...
Redefining Accident in Credit Shield Insurance and Critical Illness Claims: HDFC Ergo v. Nisha Rani Introduction The case of HDFC Ergo General Insurance Company Ltd. v. Nisha Rani adjudicated by the...
Strict Adherence to IBC Provisions in Resolution Plans: Insights from Swwapnil Bhingardevay v. Khandoba Prasanna Sakharkar Khana Limited And Others Introduction The case of Swwapnil Bhingardevay v....
CERC Clarifies Truing Up Procedures and Capital Expenditure Allocation in Transmission Tariff Determination Introduction In the case of Power Grid Corporation Of India Ltd. v. Karnataka Power...
Capitalization of Interest Expenses and Section 35D Applicability in Investment Companies: A Comprehensive Review of Addlife Investments Pvt. Ltd. v. DCIT 1. Introduction The case of Addlife...
CERC Reinforces APTEL Precedents on Initial Spares and Capital Expenditure in Setting Transmission Tariffs Introduction The case of Power Grid Corporation Of India Limited v. Madhya Pradesh Power...
Determining the Date of Purchase for Section 54F Exemption: Rajiv Madhok v. ACIT, New Delhi Introduction The case of Rajiv Madhok, New Delhi v. ACIT, New Delhi adjudicated by the Income Tax Appellate...
Strict Compliance with EOI Criteria in CIRP: Insights from First Global Finance Pvt. Ltd. v. IVRCL Ltd. Introduction The case of First Global Finance Pvt. Ltd. v. IVRCL Ltd. adjudicated by the...
Clarifying Network Roll-Out Scenarios: Insights from Tata Power v. MERC Judgment Introduction The judicial landscape of India's electricity distribution sector underwent a significant development...
Retention Money Not Accrued as Income: ITAT Kolkata Upholds CIT(A) Decision in DCIT v. M/s. EMC Limited Introduction The case of DCIT, CC-1(3), Kolkata v. M/s. EMC Limited, Kolkata revolves around...
Reinforcing the Criteria for Reopening Income Tax Assessments: Insights from Lionbridge Technologies Pvt. Ltd. v. Asst CIT, Mumbai Introduction The case of Lionbridge Technologies Pvt. Ltd., Navi...
Unfettered Rights of Individual Creditors Under Section 7 of the Insolvency and Bankruptcy Code: Analysis of Amitabh Kumar Jha v. Bank of India & Anr. Introduction The case of Amitabh Kumar Jha v....
Affirmation of Consumer Rights in Loan Agreement Disputes Despite Arbitration Clauses Introduction The case of L & T Finance Ltd v. Jalandhar Singh adjudicated by the State Consumer Disputes...
AIR France v. Addl. CIT: Clarifying Tax Exemptions under Indo-French DTAA for Technical Handling Services Introduction The case of AIR France, New Delhi v. Additional Commissioner of Income Tax...
Clarification on Section 7 Procedures in Corporate Insolvency Resolution: Insights from Allahabad Bank v. Link House Industries Ltd. Introduction The recent judgment in Allahabad Bank v. Link House...
Hussan Kadri v. Edelweiss Asset Reconstruction Co. Ltd.: Extending Limitation Periods under the Insolvency and Bankruptcy Code Introduction The case of Hussan Kadri v. Edelweiss Asset Reconstruction...
Competition Commission Upholds Compliance of SARFAESI Act in Property Auction by Punjab National Bank Introduction The case of Ms. Lakshmi Sharma v. Punjab National Bank (PNB) before the Competition...