Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Regular bail was granted in an economic offence involving alleged fraudulent availment of input tax credit under the CGST Act because the prosecution's case rested mainly on documentary material already in its possession. The investigation was found to be substantially complete, and no further custodial interrogation was shown to be necessary. The court also noted that the alleged offence carried a maximum punishment of five years, was compoundable, and that no specific risk of tampering with evidence or influencing witnesses was demonstrated, especially where the evidence was largely documentary. Bail was therefore allowed on bond and surety terms.
Regular bail was granted in an economic offence involving alleged fraudulent availment of input tax credit under the CGST Act because the prosecution's case rested mainly on documentary material already in its possession. The investigation was found to be substantially complete, and no further custodial interrogation was shown to be necessary. The court also noted that the alleged offence carried a maximum punishment of five years, was compoundable, and that no specific risk of tampering with evidence or influencing witnesses was demonstrated, especially where the evidence was largely documentary. Bail was therefore allowed on bond and surety terms.
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