Bail was denied on the ground that the investigation is still going on
In this case, the assessee was accused for an offence punishable under Section 132(1)(b) and (c) and got arrested on 11 July 2019. The assessee filed an application seeking release on bail u/s 439 of Criminal Penal Code.
The present matter was decided in the favour of the revenue by Hon’ble High Court wherein the application for bail was rejected on the ground that still the investigation is going on against the assessee and during the course of investigation the court cannot grant bail to the assessee. Hence the bail application got rejected.
In similar to the above case law, reference can be given to the judgement as given in the matter of Bharat Raj Punj v. Central Goods & Service Tax Commissionerate reported in 2019 (24) G.S.T.L. 321 (High Court – Rajasthan)[S.B. Criminal Misc. Bail Application No. 16341 of 2019] dated 6 December 2019.