https://www.taxtmi.com/caselaws?id=757389 Gujarat HC granted regular bail under Section 439 CrPC to an accused facing allegations of fictitious transactions and wrongful input tax credit claims, after assessing the nature of the accusations, the stage of investigation, the period of custody, and standard bail factors such as prima facie case, risk of absconding, and tampering with evidence. The Court noted that the applicant had remained in custody since 27.06.2024, the possible sentence was five years, and the relevant assets had already been attached. On that prima facie assessment, discretion was exercised in favour of release on bail subject to conditions. en-us Wed, 14 Aug 2024 00:00:00 +0530 Wed, 07 May 2025 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757389 Gujarat HC granted regular bail under Section 439 CrPC to an accused facing allegations of fictitious transactions and wrongful input tax credit claims, after assessing the nature of the accusations, the stage of investigation, the period of custody, and standard bail factors such as prima facie case, risk of absconding, and tampering with evidence. The Court noted that the applicant had remained in custody since 27.06.2024, the possible sentence was five years, and the relevant assets had already been attached. On that prima facie assessment, discretion was exercised in favour of release on bail subject to conditions. Case-Laws GST Wed, 14 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757389