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...
Penalty levied under section 271AAB of the Act on cash advances - the deeming fiction so envisaged in section 69 and 69B cannot be extended and applied automatically in context of section 271AAB which contains a specific definition of undisclosed income - Levy of penalty on cash advances deleted as the same doesn’t satisfy the requirement of undisclosed income as so defined U/s 271AAB. - AT
Penalty levied under section 271AAB of the Act on cash advances - the deeming fiction so envisaged in section 69 and 69B cannot be extended and applied automatically in context of section 271AAB which contains a specific definition of undisclosed income - Levy of penalty on cash advances deleted as the same doesn’t satisfy the requirement of undisclosed income as so defined U/s 271AAB. - AT
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