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 bail to petitioner charged under Sections 132(l)(a), (e), (f) and (I) read with Section 132(l)(i), 132(iv)(5) of Central Goods and Services Tax Act, 2017 for alleged tax evasion through sale of tyres and tubes below market value. Court considered petitioner's two-and-half months judicial custody since April 2025, filing of charge-sheet in May 2025, age-related health issues, and precedents including Vineet Jain. Court noted evidence would be primarily documentary and electronic with official witnesses, eliminating tampering concerns, and anticipated lengthy trial proceedings. Bail granted on personal bond of Rs. 5,00,000 with two sureties of equal amount, subject to trial court satisfaction and imposed conditions under Section 483 BNSS.
HC granted bail to petitioner charged under Sections 132(l)(a), (e), (f) and (I) read with Section 132(l)(i), 132(iv)(5) of Central Goods and Services Tax Act, 2017 for alleged tax evasion through sale of tyres and tubes below market value. Court considered petitioner's two-and-half months judicial custody since April 2025, filing of charge-sheet in May 2025, age-related health issues, and precedents including Vineet Jain. Court noted evidence would be primarily documentary and electronic with official witnesses, eliminating tampering concerns, and anticipated lengthy trial proceedings. Bail granted on personal bond of Rs. 5,00,000 with two sureties of equal amount, subject to trial court satisfaction and imposed conditions under Section 483 BNSS.
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