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...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Application seeking regular bail granted - accused allegedly formed bogus firms and evaded tax payments - offences u/ss 132(1)(b), 132(1)(c) and 132(1)(l)(l) of GST Act - investigation completed, charge-sheet filed - maximum punishment 5 years, compoundable offence - considering Supreme Court order in Sandeep Goyal case and accused's custody since 04/03/2024 - bail granted on furnishing personal bond of Rs. 1,00,000 with one solvent surety and conditions - bail to remain in force till case disposal.
Application seeking regular bail granted - accused allegedly formed bogus firms and evaded tax payments - offences u/ss 132(1)(b), 132(1)(c) and 132(1)(l)(l) of GST Act - investigation completed, charge-sheet filed - maximum punishment 5 years, compoundable offence - considering Supreme Court order in Sandeep Goyal case and accused's custody since 04/03/2024 - bail granted on furnishing personal bond of Rs. 1,00,000 with one solvent surety and conditions - bail to remain in force till case disposal.
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