Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Nominee director protection shields independent financial-institution appointees from criminal liability where they lack involvement in deposit defaul...
Reverse burden for notified gold under section 123 arises only where tangible material supports a reasonable belief of smuggling; inland seizure or absence of foreign markings alone is insufficient. Assessment requires cumulative consideration of carriage, the article's nature, statements, documentary provenance and accounting trail. Registered suppliers and tax invoices supporting domestically acquired gold may establish lawful provenance unless shown to be false or unconnected with business stock. The claimant may discharge the burden on a preponderance of probability through reliable documents and circumstances, without proving uninterrupted physical identity of fungible gold unless circumstances warrant it.
Reverse burden for notified gold under section 123 arises only where tangible material supports a reasonable belief of smuggling; inland seizure or absence of foreign markings alone is insufficient. Assessment requires cumulative consideration of carriage, the article's nature, statements, documentary provenance and accounting trail. Registered suppliers and tax invoices supporting domestically acquired gold may establish lawful provenance unless shown to be false or unconnected with business stock. The claimant may discharge the burden on a preponderance of probability through reliable documents and circumstances, without proving uninterrupted physical identity of fungible gold unless circumstances warrant it.
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