CBI cannot be Rendered Helpless u/s 17A PC Act: Delhi HC refuses Bail to Northern Railway Officer

The Delhi High Court, recognizing the conflicting judgments on the complex issue of whether service tax applies to Transferable Development Rights (TDR), directed the tax department to file an appeal with the Supreme Court. TDR represents the development potential of a piece of land that can be transferred and utilized on another piece of land. The legal uncertainty surrounding the taxability of the transfer or utilization of TDR has led to differing opinions across various judicial bodies. By urging an appeal to the highest court, the Delhi High Court aims to obtain a definitive and authoritative ruling on this contentious matter, thereby providing much-needed clarity to the real estate and tax sectors.