Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
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Seeking grant for Anticipatory Bail - Allegations of availing ineligible Input Tax Credit (ITC) by their firm. - Prayer to release the attached bank account - non-existent at the given registered addresses - After thorough consideration, the High Court dismissed the plea, citing prima facie violations of the CGST Act, 2017, and the petitioner's failure to demonstrate eligibility for relief. The Court emphasized the seriousness of the allegations and the petitioner's lack of credibility, leading to the dismissal of the writ petition and the vacation of any interim protection.
Seeking grant for Anticipatory Bail - Allegations of availing ineligible Input Tax Credit (ITC) by their firm. - Prayer to release the attached bank account - non-existent at the given registered addresses - After thorough consideration, the High Court dismissed the plea, citing prima facie violations of the CGST Act, 2017, and the petitioner's failure to demonstrate eligibility for relief. The Court emphasized the seriousness of the allegations and the petitioner's lack of credibility, leading to the dismissal of the writ petition and the vacation of any interim protection.
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