Co-operative society's mandatory reserve and share capital fixed deposits with banks-interest treated as business income under 80P(2)(a)(iii) deductio...
Income tax reassessment reopening after four years on investigation tip, without s.147 proviso disclosure failure, struck down as borrowed satisfactio...
Anticipatory bail is prescribed where the alleged offence carries a maximum sentence of five years and is not punishable by death or life imprisonment; the operative effect is grant of pre-arrest bail because the applicant has cooperated with investigation and there is no likelihood of tampering with evidence or influencing witnesses. The bail is conditioned on executing a personal bond with one surety, regular appearance as required, and strict non-interference with evidence and witnesses, with release to follow upon compliance with these conditions.
Anticipatory bail is prescribed where the alleged offence carries a maximum sentence of five years and is not punishable by death or life imprisonment; the operative effect is grant of pre-arrest bail because the applicant has cooperated with investigation and there is no likelihood of tampering with evidence or influencing witnesses. The bail is conditioned on executing a personal bond with one surety, regular appearance as required, and strict non-interference with evidence and witnesses, with release to follow upon compliance with these conditions.
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