Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Page of 4805
Press 'Enter' after typing page number.
1161 to 1180 of 96092 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
HC dismissed regular bail application for accused involved in creating 353 fake firms to pass fraudulent input tax credit worth Rs. 704 crores. Court held economic offences of such magnitude constitute serious threat to economy and cannot be treated leniently despite being non-violent. Accused's conduct during proceedings, including suppression of criminal antecedents and attempt to abscond from custody, demonstrated propensity to flee and influence witnesses. Court emphasized white-collar crimes involving deliberate calculation and breach of trust are more dangerous than ordinary crimes. Given extraordinary magnitude of alleged tax evasion, accused's criminal antecedents, and flight risk demonstrated through escape attempt, bail was denied to protect public interest and ensure effective prosecution of complex economic conspiracy.
HC dismissed regular bail application for accused involved in creating 353 fake firms to pass fraudulent input tax credit worth Rs. 704 crores. Court held economic offences of such magnitude constitute serious threat to economy and cannot be treated leniently despite being non-violent. Accused's conduct during proceedings, including suppression of criminal antecedents and attempt to abscond from custody, demonstrated propensity to flee and influence witnesses. Court emphasized white-collar crimes involving deliberate calculation and breach of trust are more dangerous than ordinary crimes. Given extraordinary magnitude of alleged tax evasion, accused's criminal antecedents, and flight risk demonstrated through escape attempt, bail was denied to protect public interest and ensure effective prosecution of complex economic conspiracy.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
