Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
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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