Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Nominee director protection shields independent financial-institution appointees from criminal liability where they lack involvement in deposit defaul...
The High Court quashed prosecution against petitioners-accused u/s Central Excise Act 1944 and IPC. No Dues-Discharge Certificate issued, Sabka Vishwas Scheme applied. Prosecution continued despite remittance of liability and withdrawal application. Liability liquidated under the Scheme. Prosecution burdened court docket, caused unwarranted suffering. Complaint quashed, petitioners acquitted. Case disposed of.
The High Court quashed prosecution against petitioners-accused u/s Central Excise Act 1944 and IPC. No Dues-Discharge Certificate issued, Sabka Vishwas Scheme applied. Prosecution continued despite remittance of liability and withdrawal application. Liability liquidated under the Scheme. Prosecution burdened court docket, caused unwarranted suffering. Complaint quashed, petitioners acquitted. Case disposed of.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
