Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
The HC granted anticipatory bail to the petitioner accused of creating fictitious firms to issue fake GST bills, charged under Section 132(1)(i) of the CGST Act and multiple IPC provisions including conspiracy, criminal breach of trust, forgery, and cheating. The court held that custodial interrogation was unnecessary as there was no risk of evidence tampering. Consequently, the bail application was allowed, directing the petitioner to surrender within four weeks. Upon surrender or arrest, the trial court was instructed to release the petitioner on bail subject to compliance with prescribed conditions.
The HC granted anticipatory bail to the petitioner accused of creating fictitious firms to issue fake GST bills, charged under Section 132(1)(i) of the CGST Act and multiple IPC provisions including conspiracy, criminal breach of trust, forgery, and cheating. The court held that custodial interrogation was unnecessary as there was no risk of evidence tampering. Consequently, the bail application was allowed, directing the petitioner to surrender within four weeks. Upon surrender or arrest, the trial court was instructed to release the petitioner on bail subject to compliance with prescribed conditions.
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