Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
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.
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