Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Modified returns after business reorganisation must be assessed within pending proceedings, barring parallel scrutiny and consequential transfer prici...
Turnover mismatches under percentage-completion accounting cannot alone establish suppressed income where customer advances remain recorded as liabili...
Prolonged incarceration in a money-laundering prosecution may, in an appropriate case, outweigh the statutory twin conditions governing bail under the Prevention of Money-laundering Act. Bail was granted where the accused had remained in custody for over a year, was already on bail in the predicate offence, and investigation into that offence remained incomplete. Material examined in the money-laundering investigation included matters whose connection with tainted money and the predicate offence required trial determination. Release was made subject to safeguards, including passport surrender, travel restrictions, regular trial-court attendance, and non-contact with witnesses.
Prolonged incarceration in a money-laundering prosecution may, in an appropriate case, outweigh the statutory twin conditions governing bail under the Prevention of Money-laundering Act. Bail was granted where the accused had remained in custody for over a year, was already on bail in the predicate offence, and investigation into that offence remained incomplete. Material examined in the money-laundering investigation included matters whose connection with tainted money and the predicate offence required trial determination. Release was made subject to safeguards, including passport surrender, travel restrictions, regular trial-court attendance, and non-contact with witnesses.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4888 
