Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
A common show cause notice covering multiple taxation periods was held unsustainable because assessment of tax and allied amounts must be initiated separately for each financial year or tax period. Following its earlier ruling, the HC held that different taxation periods cannot be clubbed in one notice, and the impugned notice was therefore set aside. The authorities were left free to initiate fresh proceedings in accordance with law.
A common show cause notice covering multiple taxation periods was held unsustainable because assessment of tax and allied amounts must be initiated separately for each financial year or tax period. Following its earlier ruling, the HC held that different taxation periods cannot be clubbed in one notice, and the impugned notice was therefore set aside. The authorities were left free to initiate fresh proceedings in accordance with law.
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