Penalty for estimation of income and disallowances for tax non-deduction clarified: estimation-based penalties not sustainable; additions without conc...
Managerial remuneration disallowance under s.40A(2)(b) challenged over alleged tax-avoidance; appellate decision restored deletion of addition for dir...
Whether bail should be cancelled for alleged clandestine manufacture/sale of banned gutka and GST evasion: court examined gravity, accused's role and risk factors; though offence serious, evidence is primarily documentary/electronic and there is no material showing risk of flight, tampering, witness intimidation or obstruction-bail therefore not shown to be prejudicial to administration of justice, and CMM's discretion was exercised judiciously. Consequence: petition to set aside bail dismissed. - HC
Whether bail should be cancelled for alleged clandestine manufacture/sale of banned gutka and GST evasion: court examined gravity, accused's role and risk factors; though offence serious, evidence is primarily documentary/electronic and there is no material showing risk of flight, tampering, witness intimidation or obstruction-bail therefore not shown to be prejudicial to administration of justice, and CMM's discretion was exercised judiciously. Consequence: petition to set aside bail dismissed. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4816 
Join Channel 
