Input Tax Credit can not be denied to the purchasing dealer on the ground that the registration of the selling dealer was cancelled after the sales were made or that they did not deposit the full tax in the treasury unless there is malafide intention, connivance or wrongful association of the purchaser with the seller or any dealer earlier there to

Gheru Mal Bal Chand [2011] 17 STM 465; Delhi High Court  Shanti Kiran India Ovt Ltd. [2013] 20 STM 168 (Del HC)