Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Personal liberty governs bail assessment for economic offences punishable up to seven years: arrest and continued custody require compelling justification and cannot rest solely on the seriousness of alleged tax evasion. The text notes that courts should apply the triple test, including risks of absconding, influencing witnesses, or obstructing proceedings, while considering whether investigation can continue without incarceration. Where the complaint was filed, charges were framed, a co-accused was on bail, and witnesses were official witnesses unlikely to be influenced, continued custody was considered unwarranted. Bail was granted subject to bond and court-imposed conditions.
Personal liberty governs bail assessment for economic offences punishable up to seven years: arrest and continued custody require compelling justification and cannot rest solely on the seriousness of alleged tax evasion. The text notes that courts should apply the triple test, including risks of absconding, influencing witnesses, or obstructing proceedings, while considering whether investigation can continue without incarceration. Where the complaint was filed, charges were framed, a co-accused was on bail, and witnesses were official witnesses unlikely to be influenced, continued custody was considered unwarranted. Bail was granted subject to bond and court-imposed conditions.
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