PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Unexplained investment - Subsequent to the search proceedings the assessee surrendered income towards ‘bogus bills’ booked during various years - when investment made by the assessee was sourced from the cash that was received back by the assessee against the payments made towards ‘bogus purchases’ which is already offer to tax then a separate addition as regards the application of the said amount would not be justified
Unexplained investment - Subsequent to the search proceedings the assessee surrendered income towards ‘bogus bills’ booked during various years - when investment made by the assessee was sourced from the cash that was received back by the assessee against the payments made towards ‘bogus purchases’ which is already offer to tax then a separate addition as regards the application of the said amount would not be justified
Note: It is a system-generated summary and is for quick reference only.
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