Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Grant of Regular Bail - Forged tax invoices - Non-existent ghost business entities - commission of offence u/s 132(1)(b)(c) & (l) of the OGST Act - The court acknowledged the severe impact of economic offenses but also reiterated the fundamental right to personal liberty as enshrined in the Constitution. The court noted that the trial was well underway with significant witness testimonies already on record, reducing the risk of evidence tampering. The accused had already been in custody for a considerable period, which the court viewed as potentially punitive and prejudicial to the rights of the accused. Ultimately, the court granted bail to the applicants, setting stringent financial conditions and imposing strict requirements to ensure their appearance at trial.
Grant of Regular Bail - Forged tax invoices - Non-existent ghost business entities - commission of offence u/s 132(1)(b)(c) & (l) of the OGST Act - The court acknowledged the severe impact of economic offenses but also reiterated the fundamental right to personal liberty as enshrined in the Constitution. The court noted that the trial was well underway with significant witness testimonies already on record, reducing the risk of evidence tampering. The accused had already been in custody for a considerable period, which the court viewed as potentially punitive and prejudicial to the rights of the accused. Ultimately, the court granted bail to the applicants, setting stringent financial conditions and imposing strict requirements to ensure their appearance at trial.
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