Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
DSC denied regular bail to the applicant charged with fraudulent availment and passing of ineligible input tax credits constituting economic offences. The court determined that economic offences affecting public interest require stringent approach given their impact on the country's financial health. With GST evasion totaling Rs. 358.77 crores and ongoing investigation, the court found substantial risk of evidence tampering, witness intimidation, and flight considering the applicant's influential position. The gravity of the large-scale fraud involving deep-rooted conspiracy and significant public fund losses warranted rejection of bail application to protect the investigation's integrity and public interest.
DSC denied regular bail to the applicant charged with fraudulent availment and passing of ineligible input tax credits constituting economic offences. The court determined that economic offences affecting public interest require stringent approach given their impact on the country's financial health. With GST evasion totaling Rs. 358.77 crores and ongoing investigation, the court found substantial risk of evidence tampering, witness intimidation, and flight considering the applicant's influential position. The gravity of the large-scale fraud involving deep-rooted conspiracy and significant public fund losses warranted rejection of bail application to protect the investigation's integrity and public interest.
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