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...
Proceedings u/s 179 - AO held that the petitioner(director) is jointly and severally liable towards the tax/penalty imposed on company - a perusal of Section 264 makes it clear that writ petitioner has an effective and efficacious alternate remedy as the Revisional Authority has powers to pass orders which are not prejudicial to the assessee by revising the impugned order - directed to file revision
Proceedings u/s 179 - AO held that the petitioner(director) is jointly and severally liable towards the tax/penalty imposed on company - a perusal of Section 264 makes it clear that writ petitioner has an effective and efficacious alternate remedy as the Revisional Authority has powers to pass orders which are not prejudicial to the assessee by revising the impugned order - directed to file revision
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