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of <h1>Director Avoids Bail Cancellation in Tax Credit Fraud Case, Maintains Cooperation During Ongoing Documentary Investigation</h1> The HC dismissed the petition seeking bail cancellation for the director of a private company in a tax credit fraud case. The court determined that the ... Seeking cancellation of bail granted to the respondents - filing of input tax credit for firms which were found to be non-operational - HELD THAT:- It is stated by the learned counsel for the Department that the bail was granted at a very early stage of the investigation and they did not have a chance for his custodial interrogation - However, it is stated that inputs tax credits were claimed from firms which had no supplies and background checks was carried out for the said firms, which process is still undergoing, including that of the transporters as well. The Court is of the opinion that there is no purpose of cancellation of bail, considering it is already seven months since the accused/respondent has been granted bail and the investigation required for the offence of the nature is mostly documentary in nature, which the Investigating Agency would be able to procure. Petition dismissed. The petition seeking cancellation of bail granted to the respondents was dismissed by the Delhi High Court. The accused, a director of M/s Best Buildwell Private Limited, was granted bail in a case related to input tax credit claims for non-operational firms. The Court found no reason to cancel bail as the investigation is mostly documentary and the accused has cooperated. The accused must continue to comply with bail conditions.
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