Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Tribunal dismissed assessee's appeal ex-parte regarding addition u/s 68 for bogus LTCG and addition to share capital on ground of failure to discharge onus. HC held assessee not negligent towards statutory rights of appeal, but Chartered Accountant engaged failed to perform professional duty diligently. No fault or negligence attributable to assessee saddled with tax liability. On humanitarian ground, appeal remanded back to Tribunal for fresh decision on merits after giving reasonable opportunity of hearing to assessee.
Tribunal dismissed assessee's appeal ex-parte regarding addition u/s 68 for bogus LTCG and addition to share capital on ground of failure to discharge onus. HC held assessee not negligent towards statutory rights of appeal, but Chartered Accountant engaged failed to perform professional duty diligently. No fault or negligence attributable to assessee saddled with tax liability. On humanitarian ground, appeal remanded back to Tribunal for fresh decision on merits after giving reasonable opportunity of hearing to assessee.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
