Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
HC dismissed the writ petition challenging ED summons issued to a woman under S.37 FEMA read with S.131 ITA. The Court held that the powers exercised under S.37 FEMA are analogous to the civil powers of discovery and production of evidence under S.131 ITA, distinct from search and seizure powers under S.132 ITA which attract Cr.P.C. provisions. Consequently, S.160 Cr.P.C., including its gender-based safeguard regarding appearance at a police station, is inapplicable to such FEMA inquiries. As the summons concerned production of documents and recording of statement in a civil inquiry context, the petitioner's insistence on exemption from personal appearance was held untenable.
HC dismissed the writ petition challenging ED summons issued to a woman under S.37 FEMA read with S.131 ITA. The Court held that the powers exercised under S.37 FEMA are analogous to the civil powers of discovery and production of evidence under S.131 ITA, distinct from search and seizure powers under S.132 ITA which attract Cr.P.C. provisions. Consequently, S.160 Cr.P.C., including its gender-based safeguard regarding appearance at a police station, is inapplicable to such FEMA inquiries. As the summons concerned production of documents and recording of statement in a civil inquiry context, the petitioner's insistence on exemption from personal appearance was held untenable.
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