Earlier Mr Bhushan argued that there has to be a thorough

, 24 2019 05:48:23 +0200

A bench of Justices J. AG".Justice Khehar told Mr. He alleged that despite sufficient evidence of the commission of offences of corruption, bribery, possession of black money, disproportionate assets, and tax violations, the CBI and the I-T department did not take appropriate action by conducting a thorough probe. You come with better authentic materials then we will consider. Bhushan "somebody leveling allegations against Prime Minister that he paid a bribe has far reaching consequences.

We can’t initiate proceedings because somebody is a big man. There is no reason to believe that the materials and documents are not genuine to order an enquiry, he said. For ordering a probe, there has to be some suspicion. Khehar and Arun Mishra told senior counsel Shanti Bhushan, appearing for NGO Common Cause and senior lawyer Ram Jethmalani, that there has to be something prima facie to order an investigation.The counsel argued that the documents ought to have been shared by the I-T department with the CBI and SIT on black money, since the matter was not limited to I-T violations. Bhushan agreed to file additional materials and the bench posted the matter for further hearing on December 14. This is zero material. When he said "Tomorrow I can also level allegations against Supreme Court judges", Justice Khehar said in lighter vein "don’t do that Mr.

But this can’t be done on the basis of this material."Earlier Mr Bhushan argued that there has to be a thorough investigation and further action on the Sahara/Birla documents — allegedly detailing illicit payouts to political functionaries — recovered by the authorities in their raids. It is an insinuation. The materials you have produced don’t allow us to have any suspicion." Mr.

Attorney General Mukul Rohatgi submitted that the petition is scandalous and kite flying.New Delhi: The Supreme Court on Friday declined to entertain at this stage a plea seeking an SIT probe into allegations of pay-offs to politicians, including Prime Minister Narendra Modi, the then Gujarat chief minister observing that no enquiry can be ordered on the basis of computer entries on pay-offs. If it is a computer entry then the whole country can Electronic lighters be roped in.S. Jethmalani and Mr. Justice Khehar observed, "We are not shying away from taking action

To make Goods and Services Tax

, 03 2019 04:57:45 +0200

While in the case China lighters Suppliers of service tax, there is a provision of arrest for non-deposit of the tax beyond Rs 50 lakh with the government, the excise law gives the Commissioner discretion to invoke arrest provision in the case of default."To start with, there should be lighter penal provision for offences for at least two years as GST is a new tax regime and traders would need time to understand the law," Jain said.The GST Council, at its last meeting, has decided that the provision of arrest will be restricted to forgery and non- deposit of collected taxes with the exchequer within the stipulated timeframe.

Under the IPC 1860, forgery and cheating are non- bailable offence, which means that bail can only be granted by a court.Most other offences like availing of wrong input tax credit or refund and failure to furnish documents, which were earlier listed in the revised draft GST law for prosecution, will not lead to arrest but may attract only financial penalty.

To make Goods and Services Tax (GST) regime less onerous, the Centre and states have decided to water down the penal provisions to ensure a trader gets immediate bail if the alleged tax evasion is up to Rs 2 crore."In case of offences where the amount does not exceed Rs 2 crore, the person arrested for violation of GST laws will be entitled to bail," an official said, adding that the penal provisions in the GST will be less onerous than the provision in the Indian Penal Code (IPC) for the same type of offences.PwC Leader (indirect tax) Pratik Jain said the arrest provisions as per the revised model GST law may lead to undue harassment for traders

straiginto

Earlier Mr Bhushan argued that there has to be a thorough

To make Goods and Services Tax