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...
The Supreme Court declined to exercise its jurisdiction under Article 32 of the Constitution to challenge the constitutionality of the Electoral Bond Scheme and related amendments to various statutes such as the Representation of the People Act 1951, the Companies Act 2017, and the Income Tax Act 1961. The Court held that it would be premature and inappropriate to intervene at this stage, as normal legal remedies available under the law have not been exhausted. Allegations of criminal wrongdoing should be pursued through appropriate legal channels rather than directly invoking the Court's jurisdiction. Matters pertaining to income tax assessments fall under the statutory jurisdiction of assessing authorities. The Court dismissed the petitions, stating that the only remedy for challenging legislative changes lies in invoking the power of judicial review after exhausting other available legal remedies.
The Supreme Court declined to exercise its jurisdiction under Article 32 of the Constitution to challenge the constitutionality of the Electoral Bond Scheme and related amendments to various statutes such as the Representation of the People Act 1951, the Companies Act 2017, and the Income Tax Act 1961. The Court held that it would be premature and inappropriate to intervene at this stage, as normal legal remedies available under the law have not been exhausted. Allegations of criminal wrongdoing should be pursued through appropriate legal channels rather than directly invoking the Court's jurisdiction. Matters pertaining to income tax assessments fall under the statutory jurisdiction of assessing authorities. The Court dismissed the petitions, stating that the only remedy for challenging legislative changes lies in invoking the power of judicial review after exhausting other available legal remedies.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
