Judgement-ARPL-20865-2023.docx
entirely in the parallel economy, off the books of accounts and balance
sheet of the firm, with their conversations littered ... business activity that was entirely conducted off the books in the parallel
economy. The very transcripts of the conversations sought to be brought
on record
illicit liquor. The
main smuggler and the traders, who are running parallel
economy and putting the revenue of the State at loss
bogus accommodation entries aggregating "routing the unexplained
money" in parallel black economy of entire Galaxy Group willingly to evade taxes
bogus accommodation entries aggregating "routing the unexplained
money" in parallel black economy of entire Galaxy Group willingly to evade taxes
thriving of parallel
Patna High Court CR. MISC. No.8196 of 2026(2) dt.17-02-2026
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economy of illicit liquor, but also
12AB of the Income
Tax Act. However, the appellant also faces a parallel and
identical rejection u/s 80G of the Act by the same ... said connected matter as well, in the interest of judicial
economy and to avoid repetition.
03. That the facts leading to filing the present appeal
12AB of the Income
Tax Act. However, the appellant also faces a parallel and
identical rejection u/s 80G of the Act by the same ... said connected matter as well, in the interest of judicial
economy and to avoid repetition.
03. That the facts leading to filing the present appeal
Manjula vs D.A. Srinivas on 8 May, 2026
1
2026 INSC 465 REPORTABLE
IN
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1