Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Seeking grant of bail - irregular availment of Input Tax Credit - creation and operation of fake GST firms and issuing fake GST invoices from these firms - The High court examines evidence gathered during searches and the confessions of the accused. Despite the defense's claims of innocence and coercion by a third party, the court finds sufficient evidence to reject the bail applications. It emphasizes the seriousness of economic offences and the potential for harm to the economy. The decision highlights the need for a different approach to bail in such cases, considering their significant impact.
Seeking grant of bail - irregular availment of Input Tax Credit - creation and operation of fake GST firms and issuing fake GST invoices from these firms - The High court examines evidence gathered during searches and the confessions of the accused. Despite the defense's claims of innocence and coercion by a third party, the court finds sufficient evidence to reject the bail applications. It emphasizes the seriousness of economic offences and the potential for harm to the economy. The decision highlights the need for a different approach to bail in such cases, considering their significant impact.
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