Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
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The High Court denied bail to the accused, a public servant, in a money laundering case involving bribery for tender allotments. The accused's family members were also involved in purchasing properties with proceeds of crime. The court emphasized the exceptional nature of anticipatory bail, citing relevant legal principles and Supreme Court precedents. Considering the gravity of the offence and evidence of money laundering, the court found no merit in granting bail to the accused and dismissed the applications. The court concluded that the accused had knowingly engaged in money laundering activities, leading to the denial of bail.
The High Court denied bail to the accused, a public servant, in a money laundering case involving bribery for tender allotments. The accused's family members were also involved in purchasing properties with proceeds of crime. The court emphasized the exceptional nature of anticipatory bail, citing relevant legal principles and Supreme Court precedents. Considering the gravity of the offence and evidence of money laundering, the court found no merit in granting bail to the accused and dismissed the applications. The court concluded that the accused had knowingly engaged in money laundering activities, leading to the denial of bail.
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