Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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The HC dismissed the petition seeking cancellation of the Respondent's regular bail in a PMLA prosecution concerning proceeds of crime and alleged abuse of office. The court held that the risk of witness influence had been addressed by the Special Judge when granting bail, since the key witness's statement was recorded while the Respondent remained in custody. The principal co-accused (Accused 1) had been charged and granted bail earlier, diminishing any realistic capacity of the Respondent to influence authorities. The Respondent had suffered cancellation of anticipatory bail, undergone judicial custody, cooperated with investigation, and no subsequent breach of bail conditions was alleged; accordingly the petition lacked merit and was dismissed.
The HC dismissed the petition seeking cancellation of the Respondent's regular bail in a PMLA prosecution concerning proceeds of crime and alleged abuse of office. The court held that the risk of witness influence had been addressed by the Special Judge when granting bail, since the key witness's statement was recorded while the Respondent remained in custody. The principal co-accused (Accused 1) had been charged and granted bail earlier, diminishing any realistic capacity of the Respondent to influence authorities. The Respondent had suffered cancellation of anticipatory bail, undergone judicial custody, cooperated with investigation, and no subsequent breach of bail conditions was alleged; accordingly the petition lacked merit and was dismissed.
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