contract, of property in any goods for cash, deferred payment or other valuable consideration; (ii) a transfer of property in goods (whether as goods ... whether or not for a specified period) for cash, deferred payment or other valuable consideration; (v) a supply of goods by any unincorporated association
goods for any purpose for cash, deferred payment or other valuable consideration; (v) the supply of goods by an unincorporated association or body of persons ... member thereof for cash, deferred payment or other valuable consideration; vi) the supply, by way of or as part of any service, of food
count of accrual of interest on the deferred consideration and also ordered to charge interest under section 217 of the Act as well as issued ... vendee Elscope (P) Ltd. to pay interest on the deferred consideration, the Tribunal in para 17 of its order held :
"In the instant case
count of accrual of interest on the deferred consideration and also ordered to charge interest under Section 217 of the Act as well as issued ... vendee Elscope Pvt. Ltd. to pay interest on the deferred consideration, the Tribunal in paragraph 17 of its Order held :
"In the instant case
Asst. Cit, Circle-2, Pune vs Shri Rajendra Sitaram Goel, Pune on 9 January, 2017
following:
(a) a sum of 5% of the Gross Deferred
Consideration being the management fees
towards the administrative expenses of the
New Lender ... Securities to the extent the tax liability
pertains to the Gross Deferred Consideration
but shall not include any tax pertaining to the
dividends and interest
paid for all assets and liabilities except for unbilled
revenue.
ii. Deferred consideration for unbilled revenue accrued up to the
Effective Date payable by Buyer ... therefore noted to have explained
the reason for incorporating a deferred consideration component, apart
from the lumpsum consideration of Rs.93 crores
paid for all assets and liabilities except for unbilled
revenue.
ii. Deferred consideration for unbilled revenue accrued up to the
Effective Date payable by Buyer ... therefore noted to have explained
the reason for incorporating a deferred consideration component, apart
from the lumpsum consideration of Rs.93 crores
dated
October 2020, sales consideration contains 2 components:
1. Closing date consideration; and
2. Total deferred consideration (subject to clause ... also correctly offered full value of sales consideration i.e., entire
sales consideration, excluding the 'deferred (contingent) consideration' since the
conditions were
observed that the agreement dated 25th January,
2006 also provided for deferred consideration which was capped at Rs.20
crores, which had to be paid ... respondent-assessee as deferred consideration. The
consideration of Rs.20 crores is not an assured consideration to be
received by the Shete family
