Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
The HC granted anticipatory bail to the applicant implicated in a case involving fake input tax credit allegedly passed to 14 taxpayers including the applicant's firm. The court applied established principles for bail consideration, including: nature and gravity of accusations, applicant's antecedents, flight risk, and potential malicious intent behind the accusation. While acknowledging that detailed examination of evidence should be avoided at this stage, the court allowed the application. The applicant, upon arrest or appearance in connection with the FIR registered with DCB Police Station, Rajkot City, shall be released on bail upon furnishing a personal bond with one surety of like amount, subject to fulfillment of imposed conditions.
The HC granted anticipatory bail to the applicant implicated in a case involving fake input tax credit allegedly passed to 14 taxpayers including the applicant's firm. The court applied established principles for bail consideration, including: nature and gravity of accusations, applicant's antecedents, flight risk, and potential malicious intent behind the accusation. While acknowledging that detailed examination of evidence should be avoided at this stage, the court allowed the application. The applicant, upon arrest or appearance in connection with the FIR registered with DCB Police Station, Rajkot City, shall be released on bail upon furnishing a personal bond with one surety of like amount, subject to fulfillment of imposed conditions.
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