The Rajasthan High Court recently denied bail to an individual charged with creating approximately 294 fraudulent firms to illicitly transfer input tax credits totaling Rs. 1,032 crores. The court highlighted the significant financial damage such economic crimes inflict on the public treasury. The Rajasthan High Court has taken a firm stance by denying bail to […]
The Orissa High Court overturned an AAAR decision on GST for Pioneer Bakers’ Go Cool outlets, emphasizing natural justice principles. Sandeep Sehgal, Partner Tax at AKM Global, highlights the decision’s significance for fairness in taxpayer dealings. The ruling ensures transparency and a fair opportunity for taxpayers in legal proceedings, setting a crucial precedent.
The Supreme Court of India has once again reprimanded the Delhi government over its failure to fulfill financial commitments to the Regional Rapid Transit System (RRTS) project, a crucial infrastructure initiative aimed at reducing vehicular traffic and improving connectivity in the National Capital Region. The court’s stern stance comes amid ongoing concerns about the capital’s […]