Blocked input tax credit for resort construction remains unavailable; interest follows actual utilisation, while delayed payment attracts statutory pe...
Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
HC granted bail to the accused in respect of alleged offences under clauses (b), (c), (f) and (l) of Section 132(1) of the CGST Act, which attract maximum imprisonment of five years and fine. The Court observed the prosecution case is documentary and electronic, the allegations of wrongful availment/passing of ITC totalling Rs.23.66 crore remain to be proved, and prolonged pre-trial detention (in custody since 28.01.2025) is unwarranted given the right to speedy trial and the principle that bail is the norm. Bail was allowed subject to furnishing bail/surety bonds to the satisfaction of the trial Court/Duty Magistrate and compliance with imposed conditions.
HC granted bail to the accused in respect of alleged offences under clauses (b), (c), (f) and (l) of Section 132(1) of the CGST Act, which attract maximum imprisonment of five years and fine. The Court observed the prosecution case is documentary and electronic, the allegations of wrongful availment/passing of ITC totalling Rs.23.66 crore remain to be proved, and prolonged pre-trial detention (in custody since 28.01.2025) is unwarranted given the right to speedy trial and the principle that bail is the norm. Bail was allowed subject to furnishing bail/surety bonds to the satisfaction of the trial Court/Duty Magistrate and compliance with imposed conditions.
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TaxTMI 
TaxTMI 
