Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Page of 4800
Press 'Enter' after typing page number.
1101 to 1120 of 96000 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC allowed the applicant's bail application and ordered release on furnishing requisite surety and complying with imposed conditions. The court noted allegations of large-scale GST fraud involving fictitious ITC transfers approximating Rs.185 crore and charges under the CGST Act, but emphasized the applicant's one-year custodial incarceration, that the offences carry a maximum punishment of five years and are magistrate-triable, and that trial remains at an early stage. Relying on appellate precedent recognizing documentary/electronic evidence and completed investigation as bail factors, the court reiterated that bail is the norm and detention the exception. Accordingly, bail was granted subject to supervisory conditions and prosecutorial safeguards.
The HC allowed the applicant's bail application and ordered release on furnishing requisite surety and complying with imposed conditions. The court noted allegations of large-scale GST fraud involving fictitious ITC transfers approximating Rs.185 crore and charges under the CGST Act, but emphasized the applicant's one-year custodial incarceration, that the offences carry a maximum punishment of five years and are magistrate-triable, and that trial remains at an early stage. Relying on appellate precedent recognizing documentary/electronic evidence and completed investigation as bail factors, the court reiterated that bail is the norm and detention the exception. Accordingly, bail was granted subject to supervisory conditions and prosecutorial safeguards.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4800
Join Channel
TaxTMI 
