Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
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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