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Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
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Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
In a cheque dishonour complaint, the HC held that a disputed receipt could not be treated as inconsequential where the complainant totally denied his signatures and handwriting; forensic comparison was necessary to test the defence and aid fair adjudication. The trial court's refusal to send the document, along with admitted writings and signatures of the complainant, for FSL examination was set aside, the application was allowed, and further proceedings were stayed pending the report.
In a cheque dishonour complaint, the HC held that a disputed receipt could not be treated as inconsequential where the complainant totally denied his signatures and handwriting; forensic comparison was necessary to test the defence and aid fair adjudication. The trial court's refusal to send the document, along with admitted writings and signatures of the complainant, for FSL examination was set aside, the application was allowed, and further proceedings were stayed pending the report.
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