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...
The first proviso to section 45 of the Prevention of Money Laundering Act creates a case-specific exception for women seeking bail from the statutory twin conditions. The benefit is discretionary, not automatic, and depends on the facts. Completion of investigation, filing of the complaint, time in custody, and absence of any investigative need for the woman's presence supported the grant of regular bail; no basis arose to cancel it.
The first proviso to section 45 of the Prevention of Money Laundering Act creates a case-specific exception for women seeking bail from the statutory twin conditions. The benefit is discretionary, not automatic, and depends on the facts. Completion of investigation, filing of the complaint, time in custody, and absence of any investigative need for the woman's presence supported the grant of regular bail; no basis arose to cancel it.
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