Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Custodial statements recorded under Section 50 PMLA were treated as unreliable against the applicants because they were self-incriminatory statements recorded after arrest by the same investigating agency. The Court also found that the ED had not prima facie established the foundational facts needed to connect the alleged transactions with identifiable proceeds of crime or the predicate offence, making the Section 23 and 24 presumptions inapplicable at the bail stage. Selective arrest and prolonged pre-trial incarceration exceeding two years, with no realistic trial timeline, further weighed against continued detention. On these grounds, the Court held that the applicants satisfied the twin bail conditions under Section 45 PMLA and granted regular bail.
Custodial statements recorded under Section 50 PMLA were treated as unreliable against the applicants because they were self-incriminatory statements recorded after arrest by the same investigating agency. The Court also found that the ED had not prima facie established the foundational facts needed to connect the alleged transactions with identifiable proceeds of crime or the predicate offence, making the Section 23 and 24 presumptions inapplicable at the bail stage. Selective arrest and prolonged pre-trial incarceration exceeding two years, with no realistic trial timeline, further weighed against continued detention. On these grounds, the Court held that the applicants satisfied the twin bail conditions under Section 45 PMLA and granted regular bail.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
