Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Legality of SFIO Investigation - non-maintenance of the registered office at the address mentioned in Form No.10 - The High court found no statutory or legal impediment to assigning the investigation to the SFIO under Section 212, even if investigations under Section 210 were already underway. The statutory framework does not prohibit such action, and it serves the purpose of a thorough and multidisciplinary investigation. - The court determined that at the investigation stage, the application of the principles of natural justice is not mandatory. The non-service of the order to the petitioner does not vitiate the proceedings.
Legality of SFIO Investigation - non-maintenance of the registered office at the address mentioned in Form No.10 - The High court found no statutory or legal impediment to assigning the investigation to the SFIO under Section 212, even if investigations under Section 210 were already underway. The statutory framework does not prohibit such action, and it serves the purpose of a thorough and multidisciplinary investigation. - The court determined that at the investigation stage, the application of the principles of natural justice is not mandatory. The non-service of the order to the petitioner does not vitiate the proceedings.
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