Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...
Merger control notice and disclosure rules: Supreme Court limits penalties, rejects reopening of approved combination, and sets aside adverse findings...
Regular bail in a pending GST evasion prosecution was declined at the investigation stage, given alleged excess stock, mismatches between documented sales and inventory, and unrecorded purchases and storage without invoices. The alleged conduct involved taxable goods not entered in the books of account and was treated as an economic offence. With investigation continuing and no charge sheet presented, the gravity of the allegations was considered insufficiently compatible with granting bail at that stage, without addressing the merits of the prosecution.
Regular bail in a pending GST evasion prosecution was declined at the investigation stage, given alleged excess stock, mismatches between documented sales and inventory, and unrecorded purchases and storage without invoices. The alleged conduct involved taxable goods not entered in the books of account and was treated as an economic offence. With investigation continuing and no charge sheet presented, the gravity of the allegations was considered insufficiently compatible with granting bail at that stage, without addressing the merits of the prosecution.
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