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 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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