https://www.taxtmi.com/caselaws?id=763494 The Allahabad HC rejected bail applications in a case involving economic offences under Sections 420, 467, 468, 471, and 120-B IPC. The case concerned registration of fictitious firms using misused PAN and Aadhaar cards, resulting in GST fraud worth crores. The court held that information leading to discovery of laptops, mobiles, SIM cards, and fake invoices was admissible under Section 27 of the Evidence Act. Citing precedents including Directorate of Enforcement v. M. Gopal Reddy, the HC emphasized that courts must exercise discretion cautiously in economic offences affecting society's economic fabric, considering the large-scale money trail and societal impact involved. en-us Thu, 12 Dec 2024 00:00:00 +0530 Wed, 18 Dec 2024 13:24:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763494 The Allahabad HC rejected bail applications in a case involving economic offences under Sections 420, 467, 468, 471, and 120-B IPC. The case concerned registration of fictitious firms using misused PAN and Aadhaar cards, resulting in GST fraud worth crores. The court held that information leading to discovery of laptops, mobiles, SIM cards, and fake invoices was admissible under Section 27 of the Evidence Act. Citing precedents including Directorate of Enforcement v. M. Gopal Reddy, the HC emphasized that courts must exercise discretion cautiously in economic offences affecting society's economic fabric, considering the large-scale money trail and societal impact involved. Case-Laws GST Thu, 12 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763494