Condonation of Delay: directoral disputes and pending company proceedings can constitute reasonable cause, allowing a belated return to be treated as ...
Revisionary jurisdiction under section 263 upheld; faceless assessments subject to revision when AO fails requisite enquiries, remitted for fresh asse...
Limited scope of processing under section 143(1): enhancement without show cause is unsustainable; remand for residency, taxation and TDS verification...
In a PMLA anticipatory bail matter, the High Court held that the settled twin-condition framework under Section 45 had to be applied on the facts, and refused relief where the accused had remained evasive in interrogation, made false sworn statements, filed a contradictory affidavit, and obstructed searches. The Court distinguished the husband's regular bail order because he had cooperated and a supplementary chargesheet had already been filed against him. It accepted the Enforcement Directorate's case that custodial interrogation was necessary to trace alleged proceeds of crime assets and enable disclosure for restitution to investors. Anticipatory bail was therefore denied and the application dismissed.
In a PMLA anticipatory bail matter, the High Court held that the settled twin-condition framework under Section 45 had to be applied on the facts, and refused relief where the accused had remained evasive in interrogation, made false sworn statements, filed a contradictory affidavit, and obstructed searches. The Court distinguished the husband's regular bail order because he had cooperated and a supplementary chargesheet had already been filed against him. It accepted the Enforcement Directorate's case that custodial interrogation was necessary to trace alleged proceeds of crime assets and enable disclosure for restitution to investors. Anticipatory bail was therefore denied and the application dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
