PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Unexplained expenditure u/s 69C - The High Court found that the Assessing Officer's reliance on cumulative figures provided by CBIC, without specifying the individual import entries or bills, was insufficient to justify the addition of unexplained expenditure. Moreover, the lack of specific details hindered the petitioner's ability to reconcile the data and refute the allegation adequately. Therefore, the Court concluded that the assessment order was unsustainable due to the absence of material evidence supporting the addition.
Unexplained expenditure u/s 69C - The High Court found that the Assessing Officer's reliance on cumulative figures provided by CBIC, without specifying the individual import entries or bills, was insufficient to justify the addition of unexplained expenditure. Moreover, the lack of specific details hindered the petitioner's ability to reconcile the data and refute the allegation adequately. Therefore, the Court concluded that the assessment order was unsustainable due to the absence of material evidence supporting the addition.
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