Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
Unsubstantiated exempt agricultural income claim sustains concealment penalty after disclosure only on departmental detection and no bona fide evidenc...
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HC adjudicated a case involving multiple Show Cause Notices (SCNs) with overlapping assessment periods. The court acknowledged existing final assessment orders and stipulated that any subsequent order would be contingent upon the writ petition's ultimate outcome. The respondents were mandated to submit written replies within three weeks, with the petitioner granted two additional weeks to file a rejoinder affidavit. The matter was scheduled for further hearing on 19.03.2025, effectively maintaining procedural continuity while preserving the petitioner's right to challenge the assessment orders through the pending writ petition.
HC adjudicated a case involving multiple Show Cause Notices (SCNs) with overlapping assessment periods. The court acknowledged existing final assessment orders and stipulated that any subsequent order would be contingent upon the writ petition's ultimate outcome. The respondents were mandated to submit written replies within three weeks, with the petitioner granted two additional weeks to file a rejoinder affidavit. The matter was scheduled for further hearing on 19.03.2025, effectively maintaining procedural continuity while preserving the petitioner's right to challenge the assessment orders through the pending writ petition.
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