Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
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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