Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
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.