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Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The Calcutta High Court found a violation of principles of natural justice as the impugned order was passed without giving the petitioners an opportunity of hearing as required u/s 75(4) of the Act of 2017. Section 75(4) mandates a hearing when a request is made in writing or an adverse decision is contemplated. The court set aside the order and directed respondent no.1 to reconsider the show cause notice and reply after providing the petitioners with a hearing. The petition was disposed of accordingly.
The Calcutta High Court found a violation of principles of natural justice as the impugned order was passed without giving the petitioners an opportunity of hearing as required u/s 75(4) of the Act of 2017. Section 75(4) mandates a hearing when a request is made in writing or an adverse decision is contemplated. The court set aside the order and directed respondent no.1 to reconsider the show cause notice and reply after providing the petitioners with a hearing. The petition was disposed of accordingly.
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