SC: Appeal U/S 374 CrPC/415 BNSS is Not Maintainable Against Sessions Court's Reversal of Acquittal || SC Asked the Centre to Promote Awareness About the Consequences of Driving With an Expired Licence || SC Explains How a Deceased Christian Wife's Property Devolves under the Indian Succession Act || Supreme Court: Reach Stacker isn't a Motor Vehicle; MACT Claim Not Maintainable || Supreme Court: Lift Makers, Operators and Owners Share Responsibility for User Safety || Patna HC: Pressure to Sign Divorce and Child Custody does not Amount to Cruelty || Bombay HC: Externment under the Police Act Requires Satisfaction About a Gang's Activities || Bombay HC: False Travel Distance Claim Alone Doesn't Constitute Misappropriation || J&K&L High Court: Interest on Delayed Gratuity is Not a Mandatory Pre-Deposit For an Appeal || Meghalaya HC: Meritorious Candidate Cannot Be Denied Admission For a Two-Minute Delay

Search Results for Tag : Sham Transactions

News

ITAT Delhi Allows Addition Since Share Transactions are Sham Transactions to evade Tax(27.06.2019)

Income Tax Appellate Tribunal (ITAT) has allowed an addition by finding that the share transaction leading to long term capital gain were actually sha.....

Tags : ITAT Delhi, Sham Transactions

Judgments

Collusive or sham transactions with a corporate debtor will not amount to "financial debt" within the meaning of the Insolvency and Bankruptcy Code 2016(IBC)(01.02.2021)

CIRP has been initiated against the Corporate Debtor on an application filed by an Operational Creditor under section 9 of Insolvency and Bankruptcy C.....

Tags : Financial Debt, Collusive or sham transactions