NCLAT: Corporate Debtor’s Guarantor Liability Unchanged Despite Internal Adjustments Among Creditors || NCLAT: Plea under IBC Section 7 Can't Be Restored After Corporate Debtor Pays Principal & Interest || Delhi HC: Wife Can Be Denied Maintenance If She Fails To Submit Latest Salary Slips || Kerala HC: Income of Parent Who Abandoned Family Shouldn’t Count For EWS Reservation Eligibility || Gujarat HC: Writ Courts Interfering in Arbitral Procedure Orders Defies A&C Act’s Purpose || Delhi HC: Plaintiff Doesn’t Have Vested Right to File Rejoinder under CPC || J&K&L HC: Name Change Is Fundamental Right; Boards Must Consider Legal Documents, Not Reject Request || SC: Administrative Delays by State Agencies Must Not Be Condoned || Sc: When Sale Deed Is Void, Possession Suit Follows 12-Year Limitation under Article 65, Not Art 59 || SC: Preliminary Inquiry Report Can’t Stop Court from Directing FIR Registration

Search Results for Tag : Section 56(2)

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CBDT Notifies Tax Exemption to Startups from 'Rigour' of Section 56(2)(viib) of Income Tax Act(20.06.2016)

Central Board of Direct Taxes (CBDT) has notified tax exemption on investments above fair market rate for startups. The exemption is provided to start.....

Tags : Central Board of Direct Taxes, section 56(2)(viib) of Income Tax Act, startups

ITAT, Ahmedabad: Third Party Shareholders Renouncing Rights Shares is Liable to Tax U/S 56(2)(10.05.2022)

Income Tax Appellate Tribunal, Ahmedabad has ruled that third party shareholders renouncing rights shares in favour of the assesse are liable to tax u.....

Tags : Income Tax Appellate Tribunal, assesse, Section 56(2), Income Tax, 1961