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Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Petition for grant of Bail - The court held that the petitioner failed to meet the twin conditions mandated under Section 45 of the PMLA, emphasizing the severity of the accusations, the nature of the evidence against him, and the potential risk of tampering with evidence or influencing witnesses. The court also underscored the larger public interest and the significant influence the petitioner held, even after resigning from his ministerial position, thereby denying the bail and directing the Special Court to expedite the trial.
Petition for grant of Bail - The court held that the petitioner failed to meet the twin conditions mandated under Section 45 of the PMLA, emphasizing the severity of the accusations, the nature of the evidence against him, and the potential risk of tampering with evidence or influencing witnesses. The court also underscored the larger public interest and the significant influence the petitioner held, even after resigning from his ministerial position, thereby denying the bail and directing the Special Court to expedite the trial.
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