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...
The HC granted ad interim bail to the petitioner accused of fraudulent availing of fake Input Tax Credit and illegal tax evasion. The petitioner, associated with two firms, allegedly claimed substantial ITC amounts as per GST returns. The investigation is complete, and a complaint has been filed, with the allegations subject to trial. The petitioner has no criminal antecedents and has been in custody for approximately five months. Considering the facts, completed investigation, and legal precedents cited, the court found the petitioner's counsel made a sufficient case for bail. Consequently, the bail application was allowed.
The HC granted ad interim bail to the petitioner accused of fraudulent availing of fake Input Tax Credit and illegal tax evasion. The petitioner, associated with two firms, allegedly claimed substantial ITC amounts as per GST returns. The investigation is complete, and a complaint has been filed, with the allegations subject to trial. The petitioner has no criminal antecedents and has been in custody for approximately five months. Considering the facts, completed investigation, and legal precedents cited, the court found the petitioner's counsel made a sufficient case for bail. Consequently, the bail application was allowed.
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