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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Recovery of dues from third person - group company – TRO’s own ...


TRO Considers APIIC Consent Revocation as "Force Majeure," Affecting EMGF Debt Owed to EHTPL in Dues Recovery Case.

May 27, 2014

Case Laws     Income Tax     HC

Recovery of dues from third person - group company – TRO’s own observations, that the consequence of APIIC revoking consent could very well be considered “force majeure”, thus resulting in the EMGF debt continuing to be owed to EHTPL, is consistent with this line of reasoning - HC

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