Supreme Court granted bail under the PMLA, noting prolonged custody, documentary evidence, delayed trial, parity with co-accused, and no further recovery.
Hyderabad ITAT upheld capital gains on a registered sale deed but remanded LTCG computation for fresh verification of the cost of acquisition.
Supreme Court set aside the High Court’s PMLA bail order for failure to apply Section 45 twin conditions and remanded the matter for fresh consideration.
ITAT Mumbai deleted the Section 68 addition, holding that cash deposits represented recorded sales already offered to tax and could not be taxed again.
ITAT Pune allowed deduction under Section 80P(2)(d) on dividend from co-operative banks, following coordinate bench decisions for both assessment years.
ITAT Pune remanded the Section 80P deduction issue for fresh assessment after noting relevant precedents and directing reconsideration with opportunity to the assessee.
ITAT Pune allowed deduction under Section 80P(2)(a)(i) on interest from co-operative bank deposits, following binding judicial precedents.
ROC Chhattisgarh imposed Section 12(8) penalties after finding repeated returned communications and unsupported evidence of a functional registered office.
ROC Chhattisgarh imposed Section 450 penalties for non-filing of Form CSR-2, while not attributing liability to one director.
ROC Chhattisgarh imposed Section 12(8) penalties after repeated returned official communications showed non-compliance with Section 12(1).
