Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
Membership-consent thresholds for oppression petitions are satisfied by unchallenged voter-list consents, while unsupported forgery claims require pro...
PMLA bail conditions require tangible grounds to believe that an accused is not guilty before regular bail can be granted. Prima facie financial, documentary and witness material connecting an accused to the design and operation of an investment scheme, mobilisation of funds, and movement or use of alleged proceeds may prevent satisfaction of that threshold, particularly while key witnesses remain unexamined. Custody duration must be assessed against the gravity of allegations and trial stage. Parity cannot be claimed where a co-accused received bail under the statutory exception for women or on materially different facts.
PMLA bail conditions require tangible grounds to believe that an accused is not guilty before regular bail can be granted. Prima facie financial, documentary and witness material connecting an accused to the design and operation of an investment scheme, mobilisation of funds, and movement or use of alleged proceeds may prevent satisfaction of that threshold, particularly while key witnesses remain unexamined. Custody duration must be assessed against the gravity of allegations and trial stage. Parity cannot be claimed where a co-accused received bail under the statutory exception for women or on materially different facts.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
