Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
HC, exercising jurisdiction under Section 482 Cr.P.C., declined to quash the FIR and criminal proceedings arising from alleged wrongful availment and utilisation of ITC through bogus invoices, attracting offences under Section 132 of the CGST Act, Section 11 of the CST Act, and Sections 420, 467, 468 and 471 IPC. The Court noted that investigation is complete, a final report under Section 173 Cr.P.C. has been filed, cognizance has been taken, charges have been framed, and the matter is fixed for prosecution evidence. As the accused did not challenge the order framing charge, it has attained finality. Holding that the scope of interference at this stage is extremely limited and no exceptional ground is made out, the petition was dismissed.
HC, exercising jurisdiction under Section 482 Cr.P.C., declined to quash the FIR and criminal proceedings arising from alleged wrongful availment and utilisation of ITC through bogus invoices, attracting offences under Section 132 of the CGST Act, Section 11 of the CST Act, and Sections 420, 467, 468 and 471 IPC. The Court noted that investigation is complete, a final report under Section 173 Cr.P.C. has been filed, cognizance has been taken, charges have been framed, and the matter is fixed for prosecution evidence. As the accused did not challenge the order framing charge, it has attained finality. Holding that the scope of interference at this stage is extremely limited and no exceptional ground is made out, the petition was dismissed.
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