Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
The HC quashed the final order dated 31 January 2023 and the show cause notice (SCN) proceedings emanating from the impugned SCN dated 21 April 2011, after holding that the adjudication proceedings pending for almost 12 years were vitiated in law. The HC observed that although the petitioner was blamed for seeking repeated adjournments, the principal reason for the failure to conclude the proceedings expeditiously was the matter remaining in the call book for many years, as admitted by the respondents themselves.
The HC quashed the final order dated 31 January 2023 and the show cause notice (SCN) proceedings emanating from the impugned SCN dated 21 April 2011, after holding that the adjudication proceedings pending for almost 12 years were vitiated in law. The HC observed that although the petitioner was blamed for seeking repeated adjournments, the principal reason for the failure to conclude the proceedings expeditiously was the matter remaining in the call book for many years, as admitted by the respondents themselves.
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