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...
HC held that the petitioner breached SVLDRS Scheme provisions by failing to deposit the full declared amount within 30 days of FORM SVLDRS-03 issuance. Despite partial payment of Rs. 10 Lakh, the court permitted the petitioner to pay the remaining Rs. 29,56,239/- with 9% interest per annum from 30.06.2020. The respondent authority is authorized to recover the dues from the petitioner's attached bank account. The petition was disposed of, effectively allowing the petitioner to settle the outstanding tax liability under the voluntary disclosure scheme.
HC held that the petitioner breached SVLDRS Scheme provisions by failing to deposit the full declared amount within 30 days of FORM SVLDRS-03 issuance. Despite partial payment of Rs. 10 Lakh, the court permitted the petitioner to pay the remaining Rs. 29,56,239/- with 9% interest per annum from 30.06.2020. The respondent authority is authorized to recover the dues from the petitioner's attached bank account. The petition was disposed of, effectively allowing the petitioner to settle the outstanding tax liability under the voluntary disclosure scheme.
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