Limitation after transfer-pricing remand: fresh TPO reference did not extend the assessment deadline, rendering the consequential assessment time-barr...
Interim judicial restraint on tax deduction prevents default, while supporting reasonable cause and penalty deletion for foreign-leg LFC reimbursement...
Palmolein classification defeated the crude-oil concession; material misdeclaration sustained recovery and confiscation, while separate false-document...
DSC granted bail to accused charged with GST fraud involving creation of multiple fake firms and fictitious transactions to claim illegal input tax credit. Despite prosecution's allegations of complex fraud scheme, court found accused posed no flight risk as no summons were issued after protection withdrawal. Accused remained in custody for 57 days while complaint filing deadline approached. Court noted investigation relied primarily on documentary evidence with witness statements already recorded, indicating investigation completion. Citing precedent that continued custody served no purpose once complaint filed, DSC admitted accused to bail on furnishing Rs. 2,00,000 bond with family member surety and imposed conditions. Bail application allowed despite prosecution's flight risk concerns.
DSC granted bail to accused charged with GST fraud involving creation of multiple fake firms and fictitious transactions to claim illegal input tax credit. Despite prosecution's allegations of complex fraud scheme, court found accused posed no flight risk as no summons were issued after protection withdrawal. Accused remained in custody for 57 days while complaint filing deadline approached. Court noted investigation relied primarily on documentary evidence with witness statements already recorded, indicating investigation completion. Citing precedent that continued custody served no purpose once complaint filed, DSC admitted accused to bail on furnishing Rs. 2,00,000 bond with family member surety and imposed conditions. Bail application allowed despite prosecution's flight risk concerns.
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TaxTMI 
TaxTMI 
of 4891 
