Co-operative society's mandatory reserve and share capital fixed deposits with banks-interest treated as business income under 80P(2)(a)(iii) deductio...
Income tax reassessment reopening after four years on investigation tip, without s.147 proviso disclosure failure, struck down as borrowed satisfactio...
HC allowed the applicant's plea for regular bail in a GST fraud case involving alleged issuance of fake invoices and E-way bills and passing of bogus input tax credit. Noting that the complaint had already been filed, the applicant's continued incarceration since 08.08.2025, and the likelihood of further delay in conclusion of trial, HC held that further custody was unwarranted. The applicant was ordered to be released on bail upon furnishing a personal bond of Rs. 1,00,000 with one solvent surety, to the satisfaction of the trial court.
HC allowed the applicant's plea for regular bail in a GST fraud case involving alleged issuance of fake invoices and E-way bills and passing of bogus input tax credit. Noting that the complaint had already been filed, the applicant's continued incarceration since 08.08.2025, and the likelihood of further delay in conclusion of trial, HC held that further custody was unwarranted. The applicant was ordered to be released on bail upon furnishing a personal bond of Rs. 1,00,000 with one solvent surety, to the satisfaction of the trial court.
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