Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-conviction detention in GST prosecutions for alleged fraudulent input tax credit is not punitive and should secure attendance at trial rather than operate as punishment. The notes state that bail was granted where the maximum sentence was five years, the matter was triable by a Magistrate, investigation and complaint filing were complete, charges remained unframed, and trial completion was unlikely within a reasonable time. In the absence of criminal antecedents, exceptional circumstances, or material suggesting absconding, witness intimidation, or evidence tampering, continued custody was unjustified. Bail remained subject to conditions protecting the trial and preventing interference with evidence or witnesses.
Pre-conviction detention in GST prosecutions for alleged fraudulent input tax credit is not punitive and should secure attendance at trial rather than operate as punishment. The notes state that bail was granted where the maximum sentence was five years, the matter was triable by a Magistrate, investigation and complaint filing were complete, charges remained unframed, and trial completion was unlikely within a reasonable time. In the absence of criminal antecedents, exceptional circumstances, or material suggesting absconding, witness intimidation, or evidence tampering, continued custody was unjustified. Bail remained subject to conditions protecting the trial and preventing interference with evidence or witnesses.
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