The Court ruled that the High Court erred in terminating the case at the pre-trial stage. It held that allegations of disproportionate assets require examination at trial and restored the prosecution.
The Court upheld the refusal to discharge the accused, citing material suggesting grave suspicion of involvement in a conspiracy. It held that the allegations warranted full trial scrutiny.
The Court held that prosecution cannot continue when no recovery is made and the only material is statements of co-accused. It ruled that such statements alone cannot justify a trial under Sections 489B and 489C.
The Supreme Court canceled anticipatory bail granted to accused who concealed the setting aside of an ex parte injunction while attempting to dispossess lawful property. The ruling emphasizes careful judicial scrutiny in serious offences.
Allahabad High Court held that proceedings under GST Section 130 are not permissible against a registered dealer; actions should have been initiated under Sections 73/74.
The Court held that the first refund application filed in 2018 stopped the limitation period and that subsequent filings after deficiency memos were a continuation, making the refund claim timely.
Explains when high-volume, systematic trading is treated as business income and highlights major criteria, tax rates, and compliance requirements.
Explains the key differences between proprietorships, partnerships, LLPs, and private companies, highlighting liability, compliance, and funding suitability.
SC Declares Hostel/PG as Residential Dwelling – Lessee Need Not Reside: Sub-Lease Still Qualifies for Residential Exemption- Revenue’s Narrow View Rejected: Residential Use Is the Real Test- GST Exemption Restored for 2019–2022
Explains how Section 113 permits companies to authorize individuals to attend and vote at meetings through board resolutions. Key takeaway: corporate bodies participate legally only through formally appointed representatives.
