Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Seeking grant of anticipatory Bail - receipt of only invoices against which ITC was wrongly availed - it is not the case of the department that the petitioners are flight risk or there are any chances of their absconding. It is not the case of the department that the petitioners have not co-operated during the period they have joined the investigation on the receipt of the summonses. - The present anticipatory bail application is allowed - HC
Seeking grant of anticipatory Bail - receipt of only invoices against which ITC was wrongly availed - it is not the case of the department that the petitioners are flight risk or there are any chances of their absconding. It is not the case of the department that the petitioners have not co-operated during the period they have joined the investigation on the receipt of the summonses. - The present anticipatory bail application is allowed - HC
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