Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
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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