Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Seeking grant of regular bail - evasion of tax under Haryana VAT Act - The High court applies the triple test in economic offenses, which includes evaluating whether the accused is a flight risk, whether they will tamper with evidence if granted bail, and whether they could influence witnesses if granted bail. - Based on the arguments and considerations presented, the court grants bail to the petitioners, noting that the investigation stands concluded, and the proceedings are stayed in one of the cases.
Seeking grant of regular bail - evasion of tax under Haryana VAT Act - The High court applies the triple test in economic offenses, which includes evaluating whether the accused is a flight risk, whether they will tamper with evidence if granted bail, and whether they could influence witnesses if granted bail. - Based on the arguments and considerations presented, the court grants bail to the petitioners, noting that the investigation stands concluded, and the proceedings are stayed in one of the cases.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
