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'No Presumption Under Law That Every Unaccounted Transaction Leads To Imposition Of Tax' : Karnataka HC Gives Relief To DK Shivakumar


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In a relief to Congress leader D K Shivakumar, the Karnataka High Court on Monday dismissed an appeal filed by the Income Tax Department against an order of the special court discharging him in an alleged case of tax evasion.
A single bench of Justice John Michael Cunha while dismissing three petitions filed by the department said I do not find any justifiable reason to interfere with the impugned orders. As the prosecution initiated against the respondent is bad in law and contrary to the procedure prescribed under the Code of Criminal Procedure and the provisions of the Income Tax Act. ....

Justice John Michael Cunha , Tsunil Goutam , Honble Supreme Court , Income Tax Department , Income Tax Act , Tax Department , Eagleton Resort , Special Court , Income Tax , Authorized Search , Assessing Officer , Principal Chief Commissioner , Principal Commissioner , Tsunil Goutam , Deputy Director , Senior Counsel , நீதி ஜான் மைக்கேல் கந்ஹ , வருமானம் வரி துறை , வருமானம் வரி நாடகம் , வரி துறை , கழுகு உல்லாசப்போக்கிடம் , சிறப்பு நீதிமன்றம் , வருமானம் வரி , அங்கீகாரம் பெற்றது தேடல் , மதிப்பீடு அதிகாரி , ப்ரிந்ஸிபல் தலைமை ஆணையர் ,