SEZ-unit profit deduction covers voluntary transfer-pricing adjustments, while exempt-income costs, foreign-exchange loss and ITeS comparables are exa...
Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Section 45 PMLA bail assessment proceeds on broad probabilities rather than a final assessment of innocence. Routing alleged proceeds of crime through an applicant's account, without more, does not conclusively establish participation where the explanation of a co-accused's control cannot be rejected at the bail stage. Section 436A Cr.P.C. provides beneficial, though not absolute, protection against prolonged pre-trial custody under the right to speedy trial. Where detention exceeds half the maximum sentence, delay is not attributable to the applicant, and trial completion is remote, Article 21 requires conditional liberty despite the seriousness or pendency of predicate proceedings. Regular bail was granted subject to conditions because continued detention had become punitive.
Section 45 PMLA bail assessment proceeds on broad probabilities rather than a final assessment of innocence. Routing alleged proceeds of crime through an applicant's account, without more, does not conclusively establish participation where the explanation of a co-accused's control cannot be rejected at the bail stage. Section 436A Cr.P.C. provides beneficial, though not absolute, protection against prolonged pre-trial custody under the right to speedy trial. Where detention exceeds half the maximum sentence, delay is not attributable to the applicant, and trial completion is remote, Article 21 requires conditional liberty despite the seriousness or pendency of predicate proceedings. Regular bail was granted subject to conditions because continued detention had become punitive.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4879 
