Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Seeking grant of bail - custody for more than 41 days - Smuggling - Gold - Indian and Foreign currency - The applicant claimed innocence, stating that he was falsely implicated and had no knowledge of the smuggling activities. However, the respondent presented evidence linking the applicant to the syndicate, including statements from co-accused individuals and significant recoveries of cash and gold from premises associated with the applicant and his wife. Despite being in custody for over 41 days, the applicant failed to persuade the court to grant bail without conditions. The court, acknowledging the seriousness of the offense and the potential risk of the applicant engaging in further smuggling activities, granted bail but imposed strict conditions.
Seeking grant of bail - custody for more than 41 days - Smuggling - Gold - Indian and Foreign currency - The applicant claimed innocence, stating that he was falsely implicated and had no knowledge of the smuggling activities. However, the respondent presented evidence linking the applicant to the syndicate, including statements from co-accused individuals and significant recoveries of cash and gold from premises associated with the applicant and his wife. Despite being in custody for over 41 days, the applicant failed to persuade the court to grant bail without conditions. The court, acknowledging the seriousness of the offense and the potential risk of the applicant engaging in further smuggling activities, granted bail but imposed strict conditions.
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