Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Validity of assessment U/s. 153C - assumption of jurisdiction u/s. 153C - In the instant case, assessee was the attorney holder of the seller. The sale deed was found during the course of search at the premises of the buyer. The sale deed, at best can be said to “relate to” or “refer to” the assessee, but it cannot be said to “belong to” the seller or to the attorney holder. - AT
Validity of assessment U/s. 153C - assumption of jurisdiction u/s. 153C - In the instant case, assessee was the attorney holder of the seller. The sale deed was found during the course of search at the premises of the buyer. The sale deed, at best can be said to “relate to” or “refer to” the assessee, but it cannot be said to “belong to” the seller or to the attorney holder. - AT
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