Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
The HC granted bail to the accused-petitioner arrested under Sections 132(1)(a), (b), (c), 132(1)(i), and 132(5) of the Rajasthan Goods and Services Act, 2017, offenses punishable up to five years. The petitioner, in custody since April 4, 2025, with a charge-sheet filed and no prior similar criminal record, was released considering the likelihood of prolonged trial and relevant Supreme Court precedents. Bail was conditioned on furnishing a personal bond of Rs. 100,000 with two sureties of Rs. 50,000 each, ensuring the petitioner's cooperation and attendance at all trial proceedings.
The HC granted bail to the accused-petitioner arrested under Sections 132(1)(a), (b), (c), 132(1)(i), and 132(5) of the Rajasthan Goods and Services Act, 2017, offenses punishable up to five years. The petitioner, in custody since April 4, 2025, with a charge-sheet filed and no prior similar criminal record, was released considering the likelihood of prolonged trial and relevant Supreme Court precedents. Bail was conditioned on furnishing a personal bond of Rs. 100,000 with two sureties of Rs. 50,000 each, ensuring the petitioner's cooperation and attendance at all trial proceedings.
Note: It is a system-generated summary and is for quick reference only.