Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
HC finds prima facie evidence of conspiracy and illegal gratification against accused No. 1 under PC Act and IPC. Prosecution alleges reduction of compounding tax from Rs. 13.06 crores to Rs. 7.00 crores after alleged bribe payment, with circumstantial evidence suggesting misconduct. Accused No. 8's car was used in alleged transaction, but insufficient evidence exists to implicate him in conspiracy. Court rejects statutory limitation arguments under KVAT Act and dismisses plea to quash final report, allowing prosecution to proceed against accused No. 1 while discharging accused No. 8 from conspiracy charges.
HC finds prima facie evidence of conspiracy and illegal gratification against accused No. 1 under PC Act and IPC. Prosecution alleges reduction of compounding tax from Rs. 13.06 crores to Rs. 7.00 crores after alleged bribe payment, with circumstantial evidence suggesting misconduct. Accused No. 8's car was used in alleged transaction, but insufficient evidence exists to implicate him in conspiracy. Court rejects statutory limitation arguments under KVAT Act and dismisses plea to quash final report, allowing prosecution to proceed against accused No. 1 while discharging accused No. 8 from conspiracy charges.
Note: It is a system-generated summary and is for quick reference only.