Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The HC granted regular bail to the petitioner, who was nominated after a six-year delay in a case filed in 2019. The petitioner had already undergone incarceration for 2 months and 19 days, and similarly situated co-accused had been granted bail. The Court noted the petitioner's clean antecedents and emphasized the presumption of innocence until proven guilty beyond reasonable doubt. Since the challan was filed recently and none of the 40 prosecution witnesses had been examined, the trial was expected to be protracted. Prolonged detention was deemed unnecessary. The petitioner was ordered to be released on furnishing bail and surety bonds to the satisfaction of the trial Court/Duty Magistrate. The petition was allowed in accordance with established criminal jurisprudence favoring bail as the norm and detention as the exception.
The HC granted regular bail to the petitioner, who was nominated after a six-year delay in a case filed in 2019. The petitioner had already undergone incarceration for 2 months and 19 days, and similarly situated co-accused had been granted bail. The Court noted the petitioner's clean antecedents and emphasized the presumption of innocence until proven guilty beyond reasonable doubt. Since the challan was filed recently and none of the 40 prosecution witnesses had been examined, the trial was expected to be protracted. Prolonged detention was deemed unnecessary. The petitioner was ordered to be released on furnishing bail and surety bonds to the satisfaction of the trial Court/Duty Magistrate. The petition was allowed in accordance with established criminal jurisprudence favoring bail as the norm and detention as the exception.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
