Finance Act, 2012
UNION OF INDIA
India
Finance Act, 2012
Act 23 of 2012
Published
Finance Act, 2013
UNION OF INDIA
India
Finance Act, 2013
Act 17 of 2013
Published
been paid, back to India by this circuitous round
tripping.
4
5
6. The assessing officer relies upon the order of the DRP
holding that ... assessee and the subsidiaries and also allegedly showed
evidence of round tripping of the assessee’s undisclosed income
through a layer of subsidiaries which
more or less comparative
terms. A service consisting of only one round trip per day
may be adequate if the traffic on the concerned route ... lean. On the other hand, a hundred round trips may not be
adequate for a route burdened with heavy traffic. If a
private operator
offence alleged against the accused persons is
therefore, that by round-tripping funds, ESL and some of the other 69
accused (including companies and individuals
round tried with one vehicle. It was subsequently varied by the inclusion of an addition of one more round trip with one more vehicle exhausting ... grant of two additional round trips on the same inter-State route "Bangalore and Dharmavaram" with the inclusion of two additional vehicles
money laundering, benami transaction, tax
evasion, generation of black money, round tripping of black money, etc which not
only causes revenue and foreign exchange loss ... benami transactions, shifting of corporate profit to tax haven jurisdictions
and round tripping of such profit or black money by taking advantage of double
Dharmapuri for a variation of the permit by adding another round trip and as required by the rules, added to its application a schedule ... petitioner, a modified schedule of timings was assigned to the additional round trip permitted by the variation.
2. The third respondent thereafter applied
Appellants have fraudulently in complicit with
Suryamukhi indulged in round tripping of funds and
ultimately siphoned of ` 8 crore from the IPO
proceeds ... opinion, decision of the AO that the appellants have
indulged in round tripped of funds deserves to be upheld in view of facts
Neeta Misra now admits that she had already
purchased a round trip ticket on September 21, 2011 for herself and her
daughter Hope which ... revealed that Dr.Neeta Misra
had already purchased a round trip ticket on September 21, 2011 for
herself and Hope; enabling the two to travel
