Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
The HC allowed the bail application and ordered release of the applicant subject to usual conditions. Although accused is charged with large-scale fraud exceeding Rs. 40 crores for alleged fraudulent availment of input tax credit on fabricated GST invoices, the court noted investigation is complete, the trial remains at the pre-charge evidence stage and prosecution relies predominantly on documentary and electronic evidence. The applicant had previously been enlarged on interim bail, cooperated with proceedings, has no antecedent criminal record and has endured aggregate custody exceeding four months. Balancing liberty interests and trial duration, and without expressing any opinion on merits, the bail petition was granted.
The HC allowed the bail application and ordered release of the applicant subject to usual conditions. Although accused is charged with large-scale fraud exceeding Rs. 40 crores for alleged fraudulent availment of input tax credit on fabricated GST invoices, the court noted investigation is complete, the trial remains at the pre-charge evidence stage and prosecution relies predominantly on documentary and electronic evidence. The applicant had previously been enlarged on interim bail, cooperated with proceedings, has no antecedent criminal record and has endured aggregate custody exceeding four months. Balancing liberty interests and trial duration, and without expressing any opinion on merits, the bail petition was granted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
