Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
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This case pertains to the release of seized cash. The cash was found at the petitioner's office premises, and due to the lack of satisfactory evidence regarding its source, it was seized by the authorities. The High Court directed the respondents to remit the seized cash amount, along with the accrued interest, to the petitioner's bank account forthwith, as the cash was kept in a fixed deposit account by the respondents. The petition was disposed of accordingly.
This case pertains to the release of seized cash. The cash was found at the petitioner's office premises, and due to the lack of satisfactory evidence regarding its source, it was seized by the authorities. The High Court directed the respondents to remit the seized cash amount, along with the accrued interest, to the petitioner's bank account forthwith, as the cash was kept in a fixed deposit account by the respondents. The petition was disposed of accordingly.
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