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...
Regular bail was granted in a GST prosecution concerning alleged wrongful availment of input tax credit through bogus invoices under Sections 132(1)(c) and (f), because the allegations were substantially supported by documentary material. The Court noted that relevant documents had been seized, statements had been recorded, and the investigation was largely complete, while the applicant had remained in custody since 16/01/2026. As no further custodial interrogation appeared necessary, bail was allowed on personal bond and surety, and the order was directed to continue until disposal of the case.
Regular bail was granted in a GST prosecution concerning alleged wrongful availment of input tax credit through bogus invoices under Sections 132(1)(c) and (f), because the allegations were substantially supported by documentary material. The Court noted that relevant documents had been seized, statements had been recorded, and the investigation was largely complete, while the applicant had remained in custody since 16/01/2026. As no further custodial interrogation appeared necessary, bail was allowed on personal bond and surety, and the order was directed to continue until disposal of the case.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
