https://www.taxtmi.com/caselaws?id=300782 The Court dismissed the bail application under Section 439 Cr.P.C. for the petitioner, a Director in M/s Miraj Products Private Limited, accused of tax evasion amounting to Rs. 869 Crore. Despite arguments of false implication and lack of concrete evidence, the Court emphasized the seriousness of economic offences and the significant amount involved. Considering the gravity of the alleged offences and the substantial protest deposit of Rs. 60 Crore, the Court concluded that bail could not be granted, highlighting the threat such offences pose to the national economy. en-us Tue, 07 Dec 2021 00:00:00 +0530 Mon, 25 Jul 2022 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300782 The Court dismissed the bail application under Section 439 Cr.P.C. for the petitioner, a Director in M/s Miraj Products Private Limited, accused of tax evasion amounting to Rs. 869 Crore. Despite arguments of false implication and lack of concrete evidence, the Court emphasized the seriousness of economic offences and the significant amount involved. Considering the gravity of the alleged offences and the substantial protest deposit of Rs. 60 Crore, the Court concluded that bail could not be granted, highlighting the threat such offences pose to the national economy. Case-Laws GST Tue, 07 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300782