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...
The Appellate Tribunal considered several issues: 1. Addition against undisclosed income from bank accounts. Assessee's funds routed through bank accounts of others. Tribunal directed review due to pending appeals of related parties. 2. Addition on flat investment deleted by CIT(A) for lack of evidence and legal basis. Revenue's challenge dismissed. 3. Investment in gold futures contracts. Assessee's trading led to losses, but lack of evidence provided for rebuttal. Tribunal upheld CIT(A)'s decision, dismissing Revenue's challenge.
The Appellate Tribunal considered several issues: 1. Addition against undisclosed income from bank accounts. Assessee's funds routed through bank accounts of others. Tribunal directed review due to pending appeals of related parties. 2. Addition on flat investment deleted by CIT(A) for lack of evidence and legal basis. Revenue's challenge dismissed. 3. Investment in gold futures contracts. Assessee's trading led to losses, but lack of evidence provided for rebuttal. Tribunal upheld CIT(A)'s decision, dismissing Revenue's challenge.
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