Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
Grant of bail - passing on fake ITC through paper invoices without actual supply of any goods - It is argued that the applicant/accused had purposely taken Aadhaar Cards, PAN cards and other identity documents from individuals by promising them jobs or monthly payments and then using these documents to open fake firms on paper and to register the same under GST and to open bank accounts; managed and controlled all the GST returns of such fake firms created by him. - The High Court dismissed the application by holding that this is not a fit case, in which bail may be granted to the present applicant.
Grant of bail - passing on fake ITC through paper invoices without actual supply of any goods - It is argued that the applicant/accused had purposely taken Aadhaar Cards, PAN cards and other identity documents from individuals by promising them jobs or monthly payments and then using these documents to open fake firms on paper and to register the same under GST and to open bank accounts; managed and controlled all the GST returns of such fake firms created by him. - The High Court dismissed the application by holding that this is not a fit case, in which bail may be granted to the present applicant.
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