Centralised assessment transfers after searches coordinate connected investigations without finally determining the assessee's tax liability or assess...
Unsigned third-party records cannot establish on-money payments without corroboration and cross-examination, requiring deletion of the related additio...
Section 125(1) of SVLDR Scheme disqualifies persons subjected to enquiry/investigation where duty involved was not quantified by 30.06.2019. Section 121(m) defines "enquiry/investigation" to include recording statements. Firm's representative's statement recorded on 06.07.2007 falls within this definition. However, twin conditions of enquiry/investigation and non-quantification before 30.06.2019 not satisfied as duty quantification formula prescribed by HC order. Hence, rejection of firm and partners' applications under SVLDR Scheme not justified, quashed and set aside. Petition allowed.
Section 125(1) of SVLDR Scheme disqualifies persons subjected to enquiry/investigation where duty involved was not quantified by 30.06.2019. Section 121(m) defines "enquiry/investigation" to include recording statements. Firm's representative's statement recorded on 06.07.2007 falls within this definition. However, twin conditions of enquiry/investigation and non-quantification before 30.06.2019 not satisfied as duty quantification formula prescribed by HC order. Hence, rejection of firm and partners' applications under SVLDR Scheme not justified, quashed and set aside. Petition allowed.
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