Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
This is a judgment by the High Court granting regular bail to the petitioner accused of offenses u/ss 420, 467, 468, 471 of the Indian Penal Code and Section 132(1)(b) and (c) of the HGST Act, 2017, related to wrongful availment and utilization of Input Tax Credit (ITC). The court considered that the petitioner has already undergone substantial incarceration, co-accused have been granted bail, and the trial is likely to take considerable time. The court relied on the principles of criminal jurisprudence, the right to a speedy trial under Article 21 of the Constitution, and the need to minimize pre-conviction detention. The court also cited precedents emphasizing that bail is the general rule, and denial of bail should not be based solely on pending cases or convictions. Consequently, the petitioner was directed to be released on regular bail upon furnishing bail and surety bonds to the satisfaction of the trial court or duty magistrate.
This is a judgment by the High Court granting regular bail to the petitioner accused of offenses u/ss 420, 467, 468, 471 of the Indian Penal Code and Section 132(1)(b) and (c) of the HGST Act, 2017, related to wrongful availment and utilization of Input Tax Credit (ITC). The court considered that the petitioner has already undergone substantial incarceration, co-accused have been granted bail, and the trial is likely to take considerable time. The court relied on the principles of criminal jurisprudence, the right to a speedy trial under Article 21 of the Constitution, and the need to minimize pre-conviction detention. The court also cited precedents emphasizing that bail is the general rule, and denial of bail should not be based solely on pending cases or convictions. Consequently, the petitioner was directed to be released on regular bail upon furnishing bail and surety bonds to the satisfaction of the trial court or duty magistrate.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
