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...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
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The High Court granted anticipatory bail to the Petitioners accused of using false documents and abetment. Citing legal precedents like u/s BHADRESH BIPINBHAI SHETH V. STATE OF GUJARAT, the Court emphasized understanding the nature of accusations and the accused's role before arrest. Referring to u/s GURBAKSH SINGH SIBBIA V. STATE OF PUNJAB, the Court highlighted that bail is the rule, jail the exception. The Court found no risk of evidence tampering or flight, allowing the petition and ruling out custodial interrogation.
The High Court granted anticipatory bail to the Petitioners accused of using false documents and abetment. Citing legal precedents like u/s BHADRESH BIPINBHAI SHETH V. STATE OF GUJARAT, the Court emphasized understanding the nature of accusations and the accused's role before arrest. Referring to u/s GURBAKSH SINGH SIBBIA V. STATE OF PUNJAB, the Court highlighted that bail is the rule, jail the exception. The Court found no risk of evidence tampering or flight, allowing the petition and ruling out custodial interrogation.
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