https://www.taxtmi.com/caselaws?id=786440 Section 132's threshold distinguishes non cognizable, bailable offences (tax evasion up to Rs.5 crore) from cognizable, non bailable offences (above Rs.5 crore); section 138 makes evasion up to Rs.5 crore compoundable while larger amounts are not. A deposit of Rs.5 crore against alleged evasion of Rs.9.39 crore does not change classification or render the offence compoundable, so the trial court's analogy was flawed. The respondent's offer to deposit 50% and actual deposit of Rs.5 crore with departmental consent, lack of prior misuse of bail, limited risk of witness interference, and comparative grants to co accused led the court to dismiss the bail cancellation application. en-us Wed, 28 Jan 2026 00:00:00 +0530 Thu, 12 Feb 2026 09:04:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786440 Section 132's threshold distinguishes non cognizable, bailable offences (tax evasion up to Rs.5 crore) from cognizable, non bailable offences (above Rs.5 crore); section 138 makes evasion up to Rs.5 crore compoundable while larger amounts are not. A deposit of Rs.5 crore against alleged evasion of Rs.9.39 crore does not change classification or render the offence compoundable, so the trial court's analogy was flawed. The respondent's offer to deposit 50% and actual deposit of Rs.5 crore with departmental consent, lack of prior misuse of bail, limited risk of witness interference, and comparative grants to co accused led the court to dismiss the bail cancellation application. Case-Laws GST Wed, 28 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786440