Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
The HC granted anticipatory bail to the applicants in a GST-related prosecution alleging fraudulent invoicing, falsified e-way bills and wrongful Input Tax Credit claims, holding custodial interrogation unwarranted at this stage. The court found the investigation rested predominantly on documentary and digital records-including GST returns, invoices, e-way bills, toll data and seized financial records-which have already been taken into custody by authorities, and the prosecution failed to demonstrate any specific necessity for detention to secure evidence. Applying the principle that grant of anticipatory bail depends on case facts, the HC allowed anticipatory bail subject to conditions, observing that investigation can proceed effectively without custodial interrogation.
The HC granted anticipatory bail to the applicants in a GST-related prosecution alleging fraudulent invoicing, falsified e-way bills and wrongful Input Tax Credit claims, holding custodial interrogation unwarranted at this stage. The court found the investigation rested predominantly on documentary and digital records-including GST returns, invoices, e-way bills, toll data and seized financial records-which have already been taken into custody by authorities, and the prosecution failed to demonstrate any specific necessity for detention to secure evidence. Applying the principle that grant of anticipatory bail depends on case facts, the HC allowed anticipatory bail subject to conditions, observing that investigation can proceed effectively without custodial interrogation.
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