Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
The text examines legal limits on issuing and continuing Look-Out Circulars (LOCs) as restraints on the fundamental right to travel and personal liberty, holding that LOCs are coercive executive measures permitted only where a cognizable offence exists and there is specific, tangible material showing deliberate evasion or a proximate likelihood of absconding; exceptional national or systemic risks warranting narrow application of exceptional powers are required otherwise. It states that requests by public sector bank principals to seek LOCs lack statutory guidance and procedural safeguards and are unsustainable. Practically, LOCs must be periodically reviewed, justified by originating agencies, and may be quashed subject to cooperation undertakings and trial-court permission for future travel.
The text examines legal limits on issuing and continuing Look-Out Circulars (LOCs) as restraints on the fundamental right to travel and personal liberty, holding that LOCs are coercive executive measures permitted only where a cognizable offence exists and there is specific, tangible material showing deliberate evasion or a proximate likelihood of absconding; exceptional national or systemic risks warranting narrow application of exceptional powers are required otherwise. It states that requests by public sector bank principals to seek LOCs lack statutory guidance and procedural safeguards and are unsustainable. Practically, LOCs must be periodically reviewed, justified by originating agencies, and may be quashed subject to cooperation undertakings and trial-court permission for future travel.
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