2023 (1) TMI 1126

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....: Mr Salil Kapoor, Dr Shashwat Bajpai, Ms Ananya Kapoor & Mr Akshay Anurag, Advs. For the Respondent : Mr Sanjay Kumar & Ms Easha Kadian, Advs. [Physical Hearing/Hybrid Hearing (as per request)] RAJIV SHAKDHER, J.: (ORAL) CM No.55910/2022 1. Allowed, subject to just exceptions. W.P.(C) 17524/2022 & CM Appl.55909/2022[Application filed on behalf of petitioner seeking interim relie....

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.... on behalf of the petitioner, has taken us through the record, as presently made available to the court. 5.1 The record reveals that the petitioner was in employment of Vodafone Idea Ltd. till February 2021. 5.2 In and about August 2018, Vodafone Idea Ltd., (earlier known as Idea Cellular Ltd.) according to the petitioner, merged with Vodafone India Ltd. 5.3. The petitioner claims that he....

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....ome from salary (which included the value of the ESOP, i.e., Rs 34,74,022/-) as disclosed in the return, was Rs 1,78,67,352/-, 9. Thus in sum, it is contended by Mr Kapoor on behalf of the petitioner, that there was no undisclosed foreign income or assets and therefore, the provisions of the 2015 Act have been wrongly triggered. 10. We may also note that this inquiry vis-à-vis the pet....

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....s issued on 11.07.2022, which was replied to by the petitioner on 16.08.2022. 14. The impugned show cause notice, as indicated above, was issued on 12.09.2022. A reply to the same has been filed, which is dated 07.10.2022. 15.  Therefore, given the fact that the matter is at the stage of show cause notice, we are of the view that the best way forward would be to direct the concerned sta....