Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
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The HC granted regular bail to the applicant accused of fraudulent availing of Input Tax Credit without actual movement of goods. Considering the ongoing investigation, the pending complaint, and the prolonged incarceration since 28.03.2025, the Court found that the applicant is entitled to bail. Bail was permitted upon furnishing a personal bond with two local sureties of like sum to the satisfaction of the trial court. The application was allowed subject to these conditions.
The HC granted regular bail to the applicant accused of fraudulent availing of Input Tax Credit without actual movement of goods. Considering the ongoing investigation, the pending complaint, and the prolonged incarceration since 28.03.2025, the Court found that the applicant is entitled to bail. Bail was permitted upon furnishing a personal bond with two local sureties of like sum to the satisfaction of the trial court. The application was allowed subject to these conditions.
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