Appeal allows marketing payments as deductible business expenses under Sec.37; director pay retained; R&D deductible from certificate date under Sec.3...
Registration under s.12AB upheld; CIT(Exemptions) exceeded jurisdiction by deciding taxability instead of preliminary verification and registration di...
Dependent Agent PE unresolved for lack of factual inquiry; arm's-length distribution accepted; royalty claim rejected; 15% refund interest (Section 24...
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The HC refused the petitioner's prayer for expungement of an allegedly defamatory court remark, holding that the media's sensational reporting of an innocuous judicial observation did not require judicial clarification and directing reputable media to self-regulate; that application was disposed of. Separately, the HC dismissed the petitioner's challenge to open non-bailable warrants (NBWs), finding no mala fide issuance: investigative necessity for custodial interrogation to trace complex money flows and confront the accused with voluminous seized documents and foreign evidence established objective satisfaction and prima facie culpability. The court held the petitioner's arrest apprehension to be misplaced, noting available legal remedies upon submission to jurisdiction, and declined to cancel the NBWs.
The HC refused the petitioner's prayer for expungement of an allegedly defamatory court remark, holding that the media's sensational reporting of an innocuous judicial observation did not require judicial clarification and directing reputable media to self-regulate; that application was disposed of. Separately, the HC dismissed the petitioner's challenge to open non-bailable warrants (NBWs), finding no mala fide issuance: investigative necessity for custodial interrogation to trace complex money flows and confront the accused with voluminous seized documents and foreign evidence established objective satisfaction and prima facie culpability. The court held the petitioner's arrest apprehension to be misplaced, noting available legal remedies upon submission to jurisdiction, and declined to cancel the NBWs.
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