https://www.taxtmi.com/caselaws?id=767637 The SC granted bail to the applicant in a tax fraud case involving fraudulent transactions and wrongful Input Tax Credit claims. Despite serious allegations of Rs. 537 crores in fictitious transactions, the court emphasized that bail is the rule, not the exception. The decision was based on completed investigation, low risk of evidence tampering, and the applicant's right to liberty, with strict conditional release imposed. en-us Mon, 17 Mar 2025 00:00:00 +0530 Wed, 04 Jun 2025 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767637 The SC granted bail to the applicant in a tax fraud case involving fraudulent transactions and wrongful Input Tax Credit claims. Despite serious allegations of Rs. 537 crores in fictitious transactions, the court emphasized that bail is the rule, not the exception. The decision was based on completed investigation, low risk of evidence tampering, and the applicant's right to liberty, with strict conditional release imposed. Case-Laws GST Mon, 17 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767637