Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The court granted regular bail to the accused in a money laundering case involving conspiracy and proceeds of crime. While acknowledging ample evidence linking the accused to money laundering, the court observed that the twin test of guilt and likelihood of committing an offense was weak. Considering the accused's clean antecedents, lack of previous involvement, and the documentary nature of evidence, the court concluded that the accused was not a flight risk or likely to tamper with evidence or influence witnesses. The court directed the accused's release on bail upon furnishing a bond of Rs.10,00,000 with two sureties of the same amount, subject to conditions imposed by the trial court. The bail application was allowed.
The court granted regular bail to the accused in a money laundering case involving conspiracy and proceeds of crime. While acknowledging ample evidence linking the accused to money laundering, the court observed that the twin test of guilt and likelihood of committing an offense was weak. Considering the accused's clean antecedents, lack of previous involvement, and the documentary nature of evidence, the court concluded that the accused was not a flight risk or likely to tamper with evidence or influence witnesses. The court directed the accused's release on bail upon furnishing a bond of Rs.10,00,000 with two sureties of the same amount, subject to conditions imposed by the trial court. The bail application was allowed.
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TaxTMI 
TaxTMI 
