Supreme Court: Uncrystallized Contractual Damages Not an Operational Debt under Section 9 IBC  ||  Supreme Court: Interest Accrued in Suspense Account After NPA Classification is Recoverable as Debt  ||  Supreme Court: S.69 GST Arrest Order with “Reasons to Believe” Must Precede Arrest  ||  Supreme Court: Winding-Up Proceedings Period Cannot be Excluded under Section 14 Limitation Act  ||  Supreme Court: Separate Appeals Unnecessary Against Common Judgment on Suit and Counterclaim  ||  Supreme Court: Unsuccessful Party Can Seek Post-Award Section 9 Relief in Exceptional Cases  ||  Delhi HC Rejects Black Money Act Challenge, Imposes Rs. 60,000 Costs over Prosecution Avoidance  ||  Delhi HC Affirms Teacher's POCSO Conviction, Urges Schools to Encourage Children to Speak Up  ||  Kerala HC: NGO Funding Peaceful Protests Can't Justify FCRA Renewal Denial  ||  Delhi HC: Courts Cannot Judge Sufficiency of Material For Issuing Look Out Circular    

Orissa HC Grants Bail to Person Accused of Availing Bogus Input Tax Credit - (22 Feb 2022)

GOODS AND SERVICES TAX

Orissa High Court has granted the bail to the person accused of availing bogus Input Tax Credit worth Rs. 20.45 crores and held that denial of bail cannot be used as an indirect method to punish accused before conviction.

Tags : ORISSA HIGH COURT   BOGUS INPUT TAX CREDIT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved