Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
The court granted bail to the accused applicant, considering the following factors: the trial has not yet commenced, the applicant's complicity is yet to be determined, relevant evidence is under the department's control, and there is no indication that the applicant's release would adversely affect the trial. Additionally, the alleged offense carries a maximum punishment of five years' imprisonment, and the applicant has already been in jail for a substantial period. The court opined that the applicant has made a case for bail, subject to furnishing personal bonds and sureties to the satisfaction of the concerned court and fulfilling imposed conditions. The decision was based on the Supreme Court's precedents, which emphasize considering the gravity of the offense, the object of the relevant Act, and the attending circumstances, rather than categorizing all economic offenses as one group and denying bail.
The court granted bail to the accused applicant, considering the following factors: the trial has not yet commenced, the applicant's complicity is yet to be determined, relevant evidence is under the department's control, and there is no indication that the applicant's release would adversely affect the trial. Additionally, the alleged offense carries a maximum punishment of five years' imprisonment, and the applicant has already been in jail for a substantial period. The court opined that the applicant has made a case for bail, subject to furnishing personal bonds and sureties to the satisfaction of the concerned court and fulfilling imposed conditions. The decision was based on the Supreme Court's precedents, which emphasize considering the gravity of the offense, the object of the relevant Act, and the attending circumstances, rather than categorizing all economic offenses as one group and denying bail.
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