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 allowed the petition, directing respondents to refund amounts exceeding 20% of total demand for assessment year 2023-2024. Despite appeal pendency, the court mandated refund of excess amount with potential interest within six weeks after verifying the claim. The decision follows precedential guidelines, ensuring proportional financial relief for the petitioner while maintaining procedural fairness in tax assessment matters.
HC allowed the petition, directing respondents to refund amounts exceeding 20% of total demand for assessment year 2023-2024. Despite appeal pendency, the court mandated refund of excess amount with potential interest within six weeks after verifying the claim. The decision follows precedential guidelines, ensuring proportional financial relief for the petitioner while maintaining procedural fairness in tax assessment matters.
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