Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
The High Court addressed a case involving a violation of natural justice principles due to the non-receipt of show cause notice or impugned order until a recovery notice was received. The notice for a personal hearing was returned as "no such person in the address." The court noted that the petitioner had proof of residence at the address in question after purchasing a house. Consequently, the court set aside the impugned order but required the petitioner to pay Rs. 50,000 towards the tax demand within three weeks of receiving the court's order. The petition was disposed of accordingly.
The High Court addressed a case involving a violation of natural justice principles due to the non-receipt of show cause notice or impugned order until a recovery notice was received. The notice for a personal hearing was returned as "no such person in the address." The court noted that the petitioner had proof of residence at the address in question after purchasing a house. Consequently, the court set aside the impugned order but required the petitioner to pay Rs. 50,000 towards the tax demand within three weeks of receiving the court's order. The petition was disposed of accordingly.
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