Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
The High Court considered the legality of clubbing investigations u/s two FIRs involving fraudulent forex remittance using forged documents. Citing T.T. Antoy and Amitbhai Anilchandra Shah cases, it held that no second FIR or fresh investigation is permissible for the same cognizable offence or occurrence. Sections 218, 219, and 202 allow separate charges or clubbing based on transactional link. The distinct nature of defalcation in different treasuries, years, and accused persons warrants separate trials. As the investigations are distinct, the court dismissed the petition to quash or club the FIRs, noting the ongoing progress in the 2022 case and the petitioner's unavailability for the 2017 investigation by CBI.
The High Court considered the legality of clubbing investigations u/s two FIRs involving fraudulent forex remittance using forged documents. Citing T.T. Antoy and Amitbhai Anilchandra Shah cases, it held that no second FIR or fresh investigation is permissible for the same cognizable offence or occurrence. Sections 218, 219, and 202 allow separate charges or clubbing based on transactional link. The distinct nature of defalcation in different treasuries, years, and accused persons warrants separate trials. As the investigations are distinct, the court dismissed the petition to quash or club the FIRs, noting the ongoing progress in the 2022 case and the petitioner's unavailability for the 2017 investigation by CBI.
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