Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Rectification jurisdiction is limited to obvious record errors; debatable issues and merit re-litigation cannot be reopened.
    Third-party search material requires section 153C, and reassessment fails where the officer relies on borrowed satisfaction.
    Commercial exploitation of property supports business income treatment, and unsupported estimated expense disallowance cannot stand.
    Captive power valuation under section 80-IA and fixed-asset expense allocation upheld; Revenue's appeals were dismissed.
    Double disallowance and broken period interest relief, with treaty-rate dividend claim remanded for missing foundational facts.
    Limitation, third-party evidence and section 65B proof defeated additions based on disputed cash entries and electronic records.
    Inordinate delay and absence of bona fides barred condonation where the assessee offered no sufficient cause for filing the appeal late.
    Transfer pricing receivables, goodwill depreciation and section 80-IC deductions were upheld on core business principles.
    Reopening limitation under section 149 barred a belated reassessment notice; the consequential reassessment was quashed.
    Burden of proof for notified gold and sale proceeds of smuggled goods controls confiscation and penalty exposure
    Tariff classification of ONT/ONU and OLT under data transmission heading upheld; exemption issue remanded for expert review.
    Valid documents and no operative export ban defeat misdeclaration findings in ferrous scrap imports from UAE.
    Penalty under section 112(b) failed where dealing with confiscable goods and required knowledge were not proved.
    SEZ authorised operations shield customs duty demand, with interest and penalties failing when the notice lacks the necessary allegation.
    EOU duty exemption and limitation issues decide customs liability, excise demand, adjustment, and penalties for marble clearances
    Misclassification alone does not trigger confiscation or penalty when goods are not otherwise liable to confiscation.
    Principal function test keeps multifunction relays under relay classification; exemption allowed for sub-7 ampere products, penalties set aside.
    Maintainability in baggage disputes, valuation by confirmed invoice, and redemption without compulsory re-export upheld by tribunal.
    Preferential mortgage and late perfection of security interest were rejected, sustaining avoidance under insolvency law.
    Pre-existing dispute bars insolvency admission where performance, quality and termination of work orders remain genuinely contested.
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters
Money Laundering

The appellant was granted bail in the Excise Policy case due to...

Bail Granted Due to Prolonged Incarceration and Right to Liberty; Supreme Court Overturns High Court Decision.

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Money Laundering August 12, 2024 Case Laws SC
The appellant was granted bail in the Excise Policy case due to prolonged incarceration and denial of the right to speedy trial, despite the seriousness of the allegations. The Supreme Court observed that the trial was unlikely to conclude anytime soon, given the voluminous evidence and witnesses involved. Keeping the appellant incarcerated indefinitely would violate their fundamental right to liberty under Article 21. The court noted the appellant's deep societal roots and imposed conditions like furnishing bail bonds to address concerns about tampering with evidence or influencing witnesses. The High Court's order denying bail was quashed, and the appellant was directed to be released on bail upon furnishing bonds of Rs. 10,00,000 with two sureties of the same amount.

Topics

Acts Income Tax