HC: Grants bail to Chartered Accountant involved in claiming wrongful ITC from fake bills

Rajasthan HC grants bail to Chartered Accountant alleged to have made fake firms to gain wrongful ITC; Notes State’s contention that around 21 fake firms were created and the ITC claim pertaining to the firms was more than 100 crores; Orders to furnish a personal bond for Rs. 1,00,000 along with 2 sureties of Rs.50,000 each to the satisfaction of the Trial Court; Imposes condition that the alleged offender shall appear before the Court as and when called upon to do so: Raja...