Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
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Writ petitions challenging arrests under PMLA were stated to be maintainable because they questioned the legality of deprivation of liberty, not the merits of the ECIR or bail. On the merits, the text says the arrests were unlawful because the Directorate relied on substantially the same earlier material and recycled allegations, without fresh tangible material to support the statutory reason to believe required for arrest. It also notes that arrest is not the first step in PMLA investigation: the summons power should be used first, yet no summons was issued or cooperation sought before arrest. The petitioners were directed to be released, while further action in accordance with law, including summons, remained open.
Writ petitions challenging arrests under PMLA were stated to be maintainable because they questioned the legality of deprivation of liberty, not the merits of the ECIR or bail. On the merits, the text says the arrests were unlawful because the Directorate relied on substantially the same earlier material and recycled allegations, without fresh tangible material to support the statutory reason to believe required for arrest. It also notes that arrest is not the first step in PMLA investigation: the summons power should be used first, yet no summons was issued or cooperation sought before arrest. The petitioners were directed to be released, while further action in accordance with law, including summons, remained open.
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