Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
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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