Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
A High Court considered a request to modify a bail condition requiring a security bond equal to the amount claimed. It held that the condition only required furnishing a security bond and did not require advance deposit of money or a bank guarantee, so the authorities cited by the applicant were inapplicable because the condition was materially different. The Court also held that it should not re-examine the issue after the same condition had already been challenged before the Supreme Court, and that withdrawing the condition would effectively amount to an impermissible review of the earlier bail order. The application was dismissed.
A High Court considered a request to modify a bail condition requiring a security bond equal to the amount claimed. It held that the condition only required furnishing a security bond and did not require advance deposit of money or a bank guarantee, so the authorities cited by the applicant were inapplicable because the condition was materially different. The Court also held that it should not re-examine the issue after the same condition had already been challenged before the Supreme Court, and that withdrawing the condition would effectively amount to an impermissible review of the earlier bail order. The application was dismissed.
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