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...
Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Assessment completed u/s 153A - addition on account of peak balance maintained by the assessee with HSBC Bank, Geneva - The Appellate Tribunal, after reviewing the submissions and record, found in favor of the appellant. They emphasized the absence of incriminating material and reliable evidence establishing ownership of the foreign bank account. Consequently, the Tribunal quashed the assessment orders of the lower authorities, effectively allowing the appellant's appeal.
Assessment completed u/s 153A - addition on account of peak balance maintained by the assessee with HSBC Bank, Geneva - The Appellate Tribunal, after reviewing the submissions and record, found in favor of the appellant. They emphasized the absence of incriminating material and reliable evidence establishing ownership of the foreign bank account. Consequently, the Tribunal quashed the assessment orders of the lower authorities, effectively allowing the appellant's appeal.
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