Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Seeking grant of bail - creation and operation of 294 fake firms and has evaded a tax - The court noted the serious nature of economic offences and the substantial loss to the public exchequer. It emphasized the need for a different approach in bail matters concerning economic crimes. - The court considered the rejection of bail for a co-accused in a similar case and upheld the decision, highlighting the substantial loss caused by the petitioner's actions. - Considering the evidence and seriousness of the offence, the court denied bail to the petitioner and instructed the trial court to expedite proceedings.
Seeking grant of bail - creation and operation of 294 fake firms and has evaded a tax - The court noted the serious nature of economic offences and the substantial loss to the public exchequer. It emphasized the need for a different approach in bail matters concerning economic crimes. - The court considered the rejection of bail for a co-accused in a similar case and upheld the decision, highlighting the substantial loss caused by the petitioner's actions. - Considering the evidence and seriousness of the offence, the court denied bail to the petitioner and instructed the trial court to expedite proceedings.
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