Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
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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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