Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Regular bail was refused in allegations of fraudulent availment and utilisation of input tax credit on fake invoices because the investigation was still at a crucial stage and the alleged fraud was of significant magnitude. The Court held that parity decisions cited by the petitioners did not assist, as the facts were different and their custody period was shorter. The medical condition of a relative was also found insufficient to justify release at that stage. The criminal petitions were dismissed.
Regular bail was refused in allegations of fraudulent availment and utilisation of input tax credit on fake invoices because the investigation was still at a crucial stage and the alleged fraud was of significant magnitude. The Court held that parity decisions cited by the petitioners did not assist, as the facts were different and their custody period was shorter. The medical condition of a relative was also found insufficient to justify release at that stage. The criminal petitions were dismissed.
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