Statutory refund interest requires correction of short computation and compensation where admitted interest remains unpaid through administrative dela...
Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
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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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