Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
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...
HC granted regular bail to accused in GST fraud case involving fake firms and fraudulent input tax credit. Despite ongoing investigation and allegations under CGST Act Sections 132(1)(c), 132(1)(b), and 132(1)(i), the court found insufficient evidence directly linking accused to firm management. Considering potential trial duration, absence of substantive evidence, and low flight risk given official witnesses, the court deemed continued detention unproductive. Bail was allowed subject to furnishing requisite bonds and compliance with trial court's conditions, without expressing opinion on case merits.
HC granted regular bail to accused in GST fraud case involving fake firms and fraudulent input tax credit. Despite ongoing investigation and allegations under CGST Act Sections 132(1)(c), 132(1)(b), and 132(1)(i), the court found insufficient evidence directly linking accused to firm management. Considering potential trial duration, absence of substantive evidence, and low flight risk given official witnesses, the court deemed continued detention unproductive. Bail was allowed subject to furnishing requisite bonds and compliance with trial court's conditions, without expressing opinion on case merits.
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