[Ashutosh Garg Vs UOI] Rs 1,032 Crore Tax Fraud Case: SC Grants Bail to the Accused

The Supreme Court granted bail to Ashutosh Garg, accused of tax fraud amounting to Rs 1,032 crores through fake firms. The Court took into account the maximum penalty of five years and time served in custody. Garg’s appeal highlighted the economic impact of his actions, leading to a different approach in bail consideration.