Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
The HC granted interim bail to the applicant in a money laundering case, emphasizing that the mere presence of the applicant's father as a director in certain companies does not justify denial of bail, as it would infringe on the applicant's fundamental rights under Article 19(1)(g). The court found no credible suspicion regarding the genuineness of the bail request and noted the applicant's prior interim bail granted under the SARFAESI Act for related business matters. The applicant was ordered released on interim bail from July 10, 2025, to August 4, 2025, upon furnishing a personal bond of Rs. 200,000 with two sureties of the same amount, subject to conditions set by the trial court. The bail application was accordingly allowed.
The HC granted interim bail to the applicant in a money laundering case, emphasizing that the mere presence of the applicant's father as a director in certain companies does not justify denial of bail, as it would infringe on the applicant's fundamental rights under Article 19(1)(g). The court found no credible suspicion regarding the genuineness of the bail request and noted the applicant's prior interim bail granted under the SARFAESI Act for related business matters. The applicant was ordered released on interim bail from July 10, 2025, to August 4, 2025, upon furnishing a personal bond of Rs. 200,000 with two sureties of the same amount, subject to conditions set by the trial court. The bail application was accordingly allowed.
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