Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
The High Court addressed the petitioner's plea to quash the ECIR proceedings against him, which were based on an FIR that had been quashed earlier. After examining the arguments presented by both parties, the court found that since the proceedings in the predicate offense had been quashed, the ECIR proceedings against the petitioner could not be sustained.
The High Court addressed the petitioner's plea to quash the ECIR proceedings against him, which were based on an FIR that had been quashed earlier. After examining the arguments presented by both parties, the court found that since the proceedings in the predicate offense had been quashed, the ECIR proceedings against the petitioner could not be sustained.
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