that as there is no certainty of
receiving any amount as deferred consideration, the bringing to tax the
maximum amount of Rs. 20 crores provided ... respondent-assessee as deferred consideration.
The consideration of Rs.20 crores is not an assured consideration to be received by
the Shete family
from the reading of the above clauses of the agreement
the deferred consideration is payable over a period of four years ... respondent-assessee as deferred consideration. The
consideration of Rs.20 crores is not an assured consideration to be
received by the Shete family
cash, property in any goods for cash,
deferred payment or other
deferred payment or other
valuable consideration;
valuable consideration;
(ii) a transfer of property ... specified
period) for cash, deferred
period) for cash, deferred
payment or other valuable
consideration; (v) a supply of payment or other valuable
goods
submitted that the total consideration viz. upfront consideration and deferred
consideration aggregating to a sum of INR 480 crores paid ... Convertible Debentures' (Deferred Consideration) was required to have been paid
on or before 10.01.2020. In fact, MA No. 249/20 was heard
Contract”
includes any agreement for carrying out for cash, deferred payment or other
valuable consideration, building construction, manufacture, processing,
_____________
Page ... another in the course of business
for cash, deferred payment or other valuable consideration and
includes ,-
i) a transfer, otherwise than in pursuance
order impugned by the appellant is only to the
extent it defers the consideration of applications filed by the appellant
purportedly under Section ... Arbitral
Tribunal considered all the three applications and vide order impugned
deferred the consideration thereof primarily on the ground that there was a
specific issue
questions therefore arise:-
i) Whether the Detaining Authority was justified in deferring the
consideration of the representation till the receipt of the
opinion ... Secondly, whether, in certain circumstances, the Detaining
Authority ought to defer consideration of such representation till the
report is received from the Advisory Board
transfer of property in goods for
cash or deferred payment or other valuable consideration
except a mortgage or hypothecation of or a charge or
pledge ... contract,
of property in any goods for cash, deferred payment or
other valuable consideration;
(ii) the transfer of property in goods (whether as goods
parte relief or whether it requires hearing of both sides before further
consideration. In the latter event, the trial Court shall record brief reasons ... deems it appropriate to defer consideration of the injunction
application till the other side is also heard.
The present order is passed without notice
Adp Private Limited , Hyderabad vs Dy. Commissioner Of Income Tax , ... on 18 December, 2020
ITA
