Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
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The HC directed immediate release of the ornaments and books of account seized during the 1994 search, finding that the petitioner had executed the required indemnity bond and filed affidavits and that the Joint Commissioner of Income Tax (Range 4(1), Ahmedabad) had confirmed no outstanding demand and that no assessment, penalty or prosecution proceedings are pending. The respondents were ordered to release the seized property forthwith and to file a compliance report before the HC within one week. The direction is final and operative, obligating revenue authorities to restore the petitioner's seized property absent any extant tax liability or ongoing proceedings.
The HC directed immediate release of the ornaments and books of account seized during the 1994 search, finding that the petitioner had executed the required indemnity bond and filed affidavits and that the Joint Commissioner of Income Tax (Range 4(1), Ahmedabad) had confirmed no outstanding demand and that no assessment, penalty or prosecution proceedings are pending. The respondents were ordered to release the seized property forthwith and to file a compliance report before the HC within one week. The direction is final and operative, obligating revenue authorities to restore the petitioner's seized property absent any extant tax liability or ongoing proceedings.
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