Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
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Grant of Bail - pre trial detention of accused - In view of the allegations of creating fake firms and claiming such fraudulent input tax credit and routing them through various fake firms shows the propensity and wherewithal of accused in committing such crimes, bail application rejected - Further, revenue may also take conscious decision as how it want to proceed against not only the beneficiaries of such sham transactions but also against those person who facilitated such transactions by creating fake firms. - DSC
Grant of Bail - pre trial detention of accused - In view of the allegations of creating fake firms and claiming such fraudulent input tax credit and routing them through various fake firms shows the propensity and wherewithal of accused in committing such crimes, bail application rejected - Further, revenue may also take conscious decision as how it want to proceed against not only the beneficiaries of such sham transactions but also against those person who facilitated such transactions by creating fake firms. - DSC
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