Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Nominee director protection shields independent financial-institution appointees from criminal liability where they lack involvement in deposit defaul...
HC recalled its previous order after discovering fabricated show cause notices (SCNs) submitted by the petitioner. The court issued non-bailable warrants for the petitioner's production, directing counsel to identify individuals responsible for submitting fraudulent documentation. The court prima facie determined that the SCN was deliberately manipulated to obtain a favorable judicial order, mandating the petitioner's appearance and requiring counsel to file an explanatory affidavit regarding the origin of the falsified documents. The writ petition was restored to its original docket number, with strict judicial scrutiny of the procedural irregularities.
HC recalled its previous order after discovering fabricated show cause notices (SCNs) submitted by the petitioner. The court issued non-bailable warrants for the petitioner's production, directing counsel to identify individuals responsible for submitting fraudulent documentation. The court prima facie determined that the SCN was deliberately manipulated to obtain a favorable judicial order, mandating the petitioner's appearance and requiring counsel to file an explanatory affidavit regarding the origin of the falsified documents. The writ petition was restored to its original docket number, with strict judicial scrutiny of the procedural irregularities.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
