Bail granted when accused willing to deposit certain amount with GST Authorities.
The Hon’ble Madras High Court in the case of Isithore v. Senior Intelligence Officer [CRL OP (MD) 838 of 2024 dated January 23, 2024]allowed the bail application of the Accused Chartered Accountant on the condition that the certain amount be deposited with the GST Authorities.
Facts:
Isithore (“the Petitioner”) is a Chartered Accountant and has been alleged to commit GST violation and thereby, the case was registered against the Petitioner by the GST Authorities (“the Respondent”) for which the present bail application is filed.
Issue:
Whether Bail Application be allowed when accused is willing to deposit certain amount with GST Authorities?
Held:
The Hon’ble Madras High Court in the case of CRL OP (MD) 838 of 2024 held as under:
- Opined that, as the Petitioner is in judicial custody for more than seven months and has come forward to deposit the sum of Rs. 50,00,000/- to the Respondent, the Hon’ble Court may consider the Petitioner’s bail application.
- Held that, the Petitioner be released on bail by executing the bond with two sureties.
- Source from: https://www.a2ztaxcorp.com/bail-granted-when-accused-willing-to-deposit-certain-amount-with-gst-authorities/