Court Denies Anticipatory Bail Over Alleged Illegal Tax Credits Involving Non-Existent Companies; Verification Confirms Firms Absent.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Grant of anticipatory bail - illegal tax credit availed by the applicant - fake companies - there is substance in the contention of the learned counsel for the revenue, particularly in the verification reports stating that the five firms with whom the applicant has dealt with are not physically in existence. - No case for grant of bail is made out - HC....