P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court || Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long || Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo || Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision || Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act || Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself || Supreme Court: Revenue Entries are Admissible as Evidence of Possession || SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings || SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order || NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions

Search Results for Tag : 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

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