Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Extended reassessment limitation in search cases requires asset-linked escaped income, invalidating additions based only on unexplained money or expen...
Enhanced tolerance band under section 43CA applies retrospectively, deleting qualifying deemed-sale additions while disputed stamp valuation requires ...
Review of an original regular-bail grant is limited to perversity, illegality, non-application of mind, irrelevant considerations, or omission of relevant circumstances; it differs from cancellation based on later misconduct, breach of conditions, or supervening circumstances. A connected PMLA bail order arising from the same FIR may be relevant but is not conclusive in CBI proceedings, which require an independent assessment of each accused's role. In the alleged unauthorised telephone-interception proceedings, consideration of objections, individual roles, and bail conditions precluded a finding of mechanical parity or defective discretion. The challenges to regular bail were dismissed, and the Trial Court must remain uninfluenced by prima facie bail observations.
Review of an original regular-bail grant is limited to perversity, illegality, non-application of mind, irrelevant considerations, or omission of relevant circumstances; it differs from cancellation based on later misconduct, breach of conditions, or supervening circumstances. A connected PMLA bail order arising from the same FIR may be relevant but is not conclusive in CBI proceedings, which require an independent assessment of each accused's role. In the alleged unauthorised telephone-interception proceedings, consideration of objections, individual roles, and bail conditions precluded a finding of mechanical parity or defective discretion. The challenges to regular bail were dismissed, and the Trial Court must remain uninfluenced by prima facie bail observations.
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TaxTMI 
TaxTMI 
of 4913 
