Refund claim dismissed as time-barred under s.142(5); non-obstante clause read restrictively, merits not decided, self-assessment payments not mere de...
Assessee's project-completion revenue recognition upheld; income addition deleted under Guidance Note/AS-9 and percentage-completion rules as complian...
HC denied satisfaction on the twin conditions under s.45, PMLA, finding prima facie involvement of the petitioner in layering and laundering as supported by a co-accused's s.50 statement and corroborative material, but granted bail on constitutional grounds of speedy trial. The petitioner, detained ~11 months against a maximum sentence of seven years and facing a protracted trial requiring 79 witnesses and 149 documents (27,639 pages), is released on bail upon furnishing a bond of Rs.10,000 with two sureties of like amount to the satisfaction of the learned Sessions Judge-cum-Special Judge (PMLA), Patna, subject to conditions under s.437(3), CrPC and s.480(3), BNSS.
HC denied satisfaction on the twin conditions under s.45, PMLA, finding prima facie involvement of the petitioner in layering and laundering as supported by a co-accused's s.50 statement and corroborative material, but granted bail on constitutional grounds of speedy trial. The petitioner, detained ~11 months against a maximum sentence of seven years and facing a protracted trial requiring 79 witnesses and 149 documents (27,639 pages), is released on bail upon furnishing a bond of Rs.10,000 with two sureties of like amount to the satisfaction of the learned Sessions Judge-cum-Special Judge (PMLA), Patna, subject to conditions under s.437(3), CrPC and s.480(3), BNSS.
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