Capital-gains exemption for charitable trusts extends to qualifying fixed deposits, while unrecoverable TDS write-offs may constitute income applicati...
India-UK treaty characterisation of telecom-service receipts as business profits withstands unilateral domestic-law amendments for Indian tax purposes...
Transfer-pricing reimbursement adjustments require uncontrolled comparables and cannot become expense-genuineness reviews, resulting in deletion of th...
Seeking grant of bail - Legality of arrest without assessing tax liability - Claiming fake input tax credits, without actually supplying goods - The High Court observed that, the applicant's role in the alleged crime is argued to be much lesser than that of the co-accused, Deepanshu Srivastava, who has already been granted bail. The applicant's involvement was limited to creating and selling fake firms, while the main accused used these firms to claim fake input tax credits. - The bail application was allowed subject to specific conditions.
Seeking grant of bail - Legality of arrest without assessing tax liability - Claiming fake input tax credits, without actually supplying goods - The High Court observed that, the applicant's role in the alleged crime is argued to be much lesser than that of the co-accused, Deepanshu Srivastava, who has already been granted bail. The applicant's involvement was limited to creating and selling fake firms, while the main accused used these firms to claim fake input tax credits. - The bail application was allowed subject to specific conditions.
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TaxTMI 
TaxTMI 
of 4888 
