Donor-directed corpus contributions retain capital character despite exemption claims under section 10(23C)(vi), preventing their treatment as taxable...
Enhanced tax-audit threshold applies where banking records establish compliant non-cash receipts and payments, eliminating penalty exposure for audit ...
Transfer pricing consistency protects identical non-interest-bearing debenture terms from a later notional-interest adjustment without valid statutory...
Rectification of debatable deduction claims cannot reverse scrutiny-approved co-operative society interest income deductions as apparent record errors...
Cash-method accounting bars presumptive interest taxation, while unsupported securities and share-trading additions require reliable material and veri...
Seeking grant of bail - Evasion of GST - The High Court identified several deficiencies in the prosecution's case. Firstly, the absence of prior sanction from the Commissioner for prosecuting GST offenses undermined the validity of the charges. Additionally, discrepancies in the applicant's signature on official documents raised suspicions of forgery, casting doubt on the prosecution's claims. Furthermore, the inadequacy of evidence presented during the trial, highlighted by admissions from a prosecution witness, further weakened the case against the applicant. Consequently, the High Court allowed the applicant's bail application, emphasizing the lack of concrete evidence and procedural lapses in the prosecution's case.
Seeking grant of bail - Evasion of GST - The High Court identified several deficiencies in the prosecution's case. Firstly, the absence of prior sanction from the Commissioner for prosecuting GST offenses undermined the validity of the charges. Additionally, discrepancies in the applicant's signature on official documents raised suspicions of forgery, casting doubt on the prosecution's claims. Furthermore, the inadequacy of evidence presented during the trial, highlighted by admissions from a prosecution witness, further weakened the case against the applicant. Consequently, the High Court allowed the applicant's bail application, emphasizing the lack of concrete evidence and procedural lapses in the prosecution's case.
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