Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
HC granted anticipatory bail in a tax fraud case, finding custodial interrogation unwarranted. The court determined that pre-trial incarceration was unnecessary given the petitioner's asset declaration and potential for recovery through legal means. Bail was conditionally granted, requiring the petitioner to join the investigation within seven days, cooperate fully with investigating authorities, and comply with specified terms. The court emphasized preventing irreversible injustice while maintaining investigative integrity. The petitioner must submit to deemed custody, participate in the investigation when summoned, and risk bail cancellation for non-compliance. The order underscores judicial discretion in balancing investigative needs with individual liberty rights.
HC granted anticipatory bail in a tax fraud case, finding custodial interrogation unwarranted. The court determined that pre-trial incarceration was unnecessary given the petitioner's asset declaration and potential for recovery through legal means. Bail was conditionally granted, requiring the petitioner to join the investigation within seven days, cooperate fully with investigating authorities, and comply with specified terms. The court emphasized preventing irreversible injustice while maintaining investigative integrity. The petitioner must submit to deemed custody, participate in the investigation when summoned, and risk bail cancellation for non-compliance. The order underscores judicial discretion in balancing investigative needs with individual liberty rights.
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