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Court Grants Bail Amid Tax Credit Fraud Investigation; Presumption of Innocence Upheld.

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....Seeking for grant of regular bail - wrongful availment or utilization of input tax credit - It appears from the counter in both the bail applications filed by the respondent’s authorities that it will take considerable time to complete the investigation. It is settled principle of law that unless guilt of the accused is proved, it has to be presumed that the accused is an innocent. - Bail granted subject to conditions - HC....

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Court Grants Bail Amid Tax Credit Fraud Investigation; Presumption of Innocence Upheld.