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 SC held that the arresting authorities violated Article 22(1) and Section 50 CrPC (now s.47 BNSS) by failing to furnish written grounds of arrest to the appellants, rendering the arrest and consequent remand illegal and entitling the appellants to be set at liberty. The Court affirmed that informing grounds of arrest is a mandatory constitutional safeguard to enable defence and legal consultation; while oral communication is permissible in exigent circumstances (e.g., flagrante delicto), a written statement in a language understood by the arrestee must be provided within a reasonable time and, in any event, not later than two hours before production for remand. Appeal disposed.
The SC held that the arresting authorities violated Article 22(1) and Section 50 CrPC (now s.47 BNSS) by failing to furnish written grounds of arrest to the appellants, rendering the arrest and consequent remand illegal and entitling the appellants to be set at liberty. The Court affirmed that informing grounds of arrest is a mandatory constitutional safeguard to enable defence and legal consultation; while oral communication is permissible in exigent circumstances (e.g., flagrante delicto), a written statement in a language understood by the arrestee must be provided within a reasonable time and, in any event, not later than two hours before production for remand. Appeal disposed.
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