TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Functional comparability governs software-service benchmarking: dissimilar companies are excluded, while related-party filters, margins and working-ca...
The High Court denied the bail application of an individual involved in smuggling Red Sanders by falsely declaring consignments and using forged documents. The Enforcement Directorate's investigation revealed money laundering of Rs. 51.12 crores from 2014 to 2015. The court held that the ED can investigate continuing offenses, not limited to the date of the scheduled offense. Money laundering is not tied to the date of the predicate offense but to the involvement with proceeds of crime. The applicant failed to show grounds for bail, given past smuggling activities. The court dismissed the application, considering the severity of the offense, evidence collected, and the risk of witness interference.
The High Court denied the bail application of an individual involved in smuggling Red Sanders by falsely declaring consignments and using forged documents. The Enforcement Directorate's investigation revealed money laundering of Rs. 51.12 crores from 2014 to 2015. The court held that the ED can investigate continuing offenses, not limited to the date of the scheduled offense. Money laundering is not tied to the date of the predicate offense but to the involvement with proceeds of crime. The applicant failed to show grounds for bail, given past smuggling activities. The court dismissed the application, considering the severity of the offense, evidence collected, and the risk of witness interference.
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