Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
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Seeking grant of bail - fraudulent availment and passing of input tax credit of G.S.T - The High court noted the significant amount of incriminating evidence collected against the accused, including documents, electronic devices, and statements that suggested a large-scale operation involving fake firms and fraudulent tax credit claims. - Considering the advanced stage of the investigation and the nature of the allegations, the court found no compelling reason for the continued detention of the accused. The court highlighted the importance of balancing the rights of the accused with the seriousness of the offense. - The court granted bail to the accused, subject to several conditions.
Seeking grant of bail - fraudulent availment and passing of input tax credit of G.S.T - The High court noted the significant amount of incriminating evidence collected against the accused, including documents, electronic devices, and statements that suggested a large-scale operation involving fake firms and fraudulent tax credit claims. - Considering the advanced stage of the investigation and the nature of the allegations, the court found no compelling reason for the continued detention of the accused. The court highlighted the importance of balancing the rights of the accused with the seriousness of the offense. - The court granted bail to the accused, subject to several conditions.
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