Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Penalty u/s 271(1)(c) - non-compliance on the part of the assessee of various notices issued - information which was required for completing the assessment was already filed by the assessee before the AO and non-attendance or non-filing of information by the AO in response to various notices is rendered merely a technical or venial breach when the addition has already been deleted by the CIT(A) in quantum appeal proceedings keeping in view the explanation regarding the source of cash deposits. - No penalty - AT
Penalty u/s 271(1)(c) - non-compliance on the part of the assessee of various notices issued - information which was required for completing the assessment was already filed by the assessee before the AO and non-attendance or non-filing of information by the AO in response to various notices is rendered merely a technical or venial breach when the addition has already been deleted by the CIT(A) in quantum appeal proceedings keeping in view the explanation regarding the source of cash deposits. - No penalty - AT
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