Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The HC dismissed the applicant's petition for regular bail and refused interim extension, holding that the mandatory twin conditions under s.45 PMLA were not satisfied. Allegations of large-scale diversion and laundering exceeding Rs.26,000 crores constitute a grave economic offence attracting enhanced scrutiny; the court found the offence's magnitude, the weight of evidence and risk to trial integrity and public confidence outweighed any liberty claim. The applicant's medical condition (non-critical CAD) was deemed manageable in custody with prison medical care and did not constitute a compelling exceptional circumstance to displace statutory rigour. On cumulative assessment, continued custody was held necessary and the bail application was dismissed.
The HC dismissed the applicant's petition for regular bail and refused interim extension, holding that the mandatory twin conditions under s.45 PMLA were not satisfied. Allegations of large-scale diversion and laundering exceeding Rs.26,000 crores constitute a grave economic offence attracting enhanced scrutiny; the court found the offence's magnitude, the weight of evidence and risk to trial integrity and public confidence outweighed any liberty claim. The applicant's medical condition (non-critical CAD) was deemed manageable in custody with prison medical care and did not constitute a compelling exceptional circumstance to displace statutory rigour. On cumulative assessment, continued custody was held necessary and the bail application was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
