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...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
HC granted regular bail to petitioner accused of fraudulent Input Tax Credit involving fake invoices. After suffering 2 months and 6 days of custody, the court emphasized fundamental legal principles that bail is a general rule and detention an exception. Applying Article 21 constitutional protections and following precedential jurisprudence on right to speedy trial, the court directed petitioner's release on bail bonds, recognizing that indefinite detention serves no purpose and no one should be considered guilty before proof beyond reasonable doubt.
HC granted regular bail to petitioner accused of fraudulent Input Tax Credit involving fake invoices. After suffering 2 months and 6 days of custody, the court emphasized fundamental legal principles that bail is a general rule and detention an exception. Applying Article 21 constitutional protections and following precedential jurisprudence on right to speedy trial, the court directed petitioner's release on bail bonds, recognizing that indefinite detention serves no purpose and no one should be considered guilty before proof beyond reasonable doubt.
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