Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Regular bail in alleged input tax credit fraud involving fake invoices was granted after investigation was completed and the final complaint filed. The prosecution case was based on documentary and electronic material already held by the Department, so further custodial detention was not considered necessary. The period already spent in custody and the likely duration of trial also supported release. Bail was granted subject to the stipulated bond and surety conditions, without any opinion on the merits of the allegations.
Regular bail in alleged input tax credit fraud involving fake invoices was granted after investigation was completed and the final complaint filed. The prosecution case was based on documentary and electronic material already held by the Department, so further custodial detention was not considered necessary. The period already spent in custody and the likely duration of trial also supported release. Bail was granted subject to the stipulated bond and surety conditions, without any opinion on the merits of the allegations.
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