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...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
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Money-laundering is treated as an independent offence under the PMLA, and proceedings may continue even if the scheduled offence is at an early stage so long as it has not ended in discharge, acquittal or quashing. The article notes that, at bail stage, the court applied the twin conditions for release and found prima facie material of involvement, including witness statements and digital material; later retraction raised issues not suited to bail. It also records that a knee injury did not qualify the applicant as sick or infirm, so medical grounds for bail failed.
Money-laundering is treated as an independent offence under the PMLA, and proceedings may continue even if the scheduled offence is at an early stage so long as it has not ended in discharge, acquittal or quashing. The article notes that, at bail stage, the court applied the twin conditions for release and found prima facie material of involvement, including witness statements and digital material; later retraction raised issues not suited to bail. It also records that a knee injury did not qualify the applicant as sick or infirm, so medical grounds for bail failed.
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