Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Regular bail under the Prevention of Money Laundering Act remained subject to the statutory twin conditions, which the petitioner did not attempt to satisfy. The High Court noted allegations that homebuyers' funds were diverted through group concerns, repeated evasion of summons and warrants, and an attempted flight on apprehension, supporting the assessment of flight risk. It found that trial had reached cognizance and was due to commence without foreseeable prosecutorial delay; custody was not substantial in the circumstances. Bail granted to a co-accused did not establish parity. Regular bail was therefore refused.
Regular bail under the Prevention of Money Laundering Act remained subject to the statutory twin conditions, which the petitioner did not attempt to satisfy. The High Court noted allegations that homebuyers' funds were diverted through group concerns, repeated evasion of summons and warrants, and an attempted flight on apprehension, supporting the assessment of flight risk. It found that trial had reached cognizance and was due to commence without foreseeable prosecutorial delay; custody was not substantial in the circumstances. Bail granted to a co-accused did not establish parity. Regular bail was therefore refused.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4788
Join Channel
TaxTMI 
