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...
Default bail was unavailable because the supplementary complaint was filed within the prescribed period; its later return for compliance did not by itself create an indefeasible right to release. Bail under the Prevention of Money Laundering Act was also refused because the material prima facie linked the accused to activities connected with proceeds of crime, including alleged interference with the auction of attached properties. The statutory twin conditions were not met: there were no reasonable grounds to believe the accused was not guilty or unlikely to commit an offence while on bail. The cited Supreme Court ruling was distinguished on facts, and the bail petition was dismissed.
Default bail was unavailable because the supplementary complaint was filed within the prescribed period; its later return for compliance did not by itself create an indefeasible right to release. Bail under the Prevention of Money Laundering Act was also refused because the material prima facie linked the accused to activities connected with proceeds of crime, including alleged interference with the auction of attached properties. The statutory twin conditions were not met: there were no reasonable grounds to believe the accused was not guilty or unlikely to commit an offence while on bail. The cited Supreme Court ruling was distinguished on facts, and the bail petition was dismissed.
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