Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Stay of demand - ACIT requiring to deposit 20% of the outstanding demand - only in ‘exceptional circumstances’ the discretion of the AO could be interfered with by the superior authority i.e either the assessment order is unreasonably high-pitched or a genuine hardship is likely to be caused to the Assessee - Petitioner has failed to make out a case of genuine hardship - no stay of the demand
Stay of demand - ACIT requiring to deposit 20% of the outstanding demand - only in ‘exceptional circumstances’ the discretion of the AO could be interfered with by the superior authority i.e either the assessment order is unreasonably high-pitched or a genuine hardship is likely to be caused to the Assessee - Petitioner has failed to make out a case of genuine hardship - no stay of the demand
Note: It is a system-generated summary and is for quick reference only.
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