9911796707
TMI Blog2024 (8) TMI 983X X X X Extracts X X X X X X X X Extracts X X X X ..... for the Department that the bail was granted at a very early stage of the investigation and they did not have a chance for his custodial interrogation - However, it is stated that inputs tax credits were claimed from firms which had no supplies and background checks was carried out for the said firms, which process is still undergoing, including that of the transporters as well. The Court is of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Patiala House Court, New Delhi. 2. The accused was a director of M/s Best Buildwell Private Limited and the allegations are in relation to the years pertaining to 2017/2018, in that the accused company of which the respondent was a Director, filed input tax credit for firms which were found to be non-operational. 3. On 17.1.2024, the Department conducted a surprise search at the premises, howeve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ut for the said firms, which process is still undergoing, including that of the transporters as well. 7. In these circumstances, the Court is of the opinion that there is no purpose of cancellation of bail, considering it is already seven months since the accused/respondent has been granted bail and the investigation required for the offence of the nature is mostly documentary in nature, which the ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
