Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Attachment of Pre Offence Mortgaged Property remains possible under PMLA; secured creditors may pursue statutory claim and seek auction with undertaki...
Compounding of a cheque dishonour complaint may be pursued where the dispute is monetary and the accused seeks amicable settlement, with the trial court to act on the basis of the Supreme Court guidelines in Damodar S. Prabhu and later guidance. The accused was permitted to approach the trial court for compounding on deposit of 10% of the cheque amount, and the court below was to pass appropriate orders in accordance with law. No coercive measures were to be taken during the limited period granted for seeking compounding, but if the accused failed to appear, the trial court could proceed against him in accordance with law.
Compounding of a cheque dishonour complaint may be pursued where the dispute is monetary and the accused seeks amicable settlement, with the trial court to act on the basis of the Supreme Court guidelines in Damodar S. Prabhu and later guidance. The accused was permitted to approach the trial court for compounding on deposit of 10% of the cheque amount, and the court below was to pass appropriate orders in accordance with law. No coercive measures were to be taken during the limited period granted for seeking compounding, but if the accused failed to appear, the trial court could proceed against him in accordance with law.
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