Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Limitation in customs appeals permits exclusion for bona fide refund proceedings, enabling restoration of Bill of Entry assessment challenges on merit...
Absence of a money-lending licence does not by itself defeat a cheque-dishonour prosecution, but the complainant must still prove the foundational loan transaction once consideration is put in issue. On the facts discussed, the complainant could not give the particulars of the alleged loan, the date of disbursement, or the agreed interest, and produced no contemporaneous record of funds movement. The defence that signed blank cheques were issued in an existing professional and business relationship was treated as probable and sufficient to rebut the Section 139 presumption on a preponderance of probabilities. The trial court's view that no legally enforceable debt was proved was held to be a plausible one, so appellate interference with the acquittal was not warranted.
Absence of a money-lending licence does not by itself defeat a cheque-dishonour prosecution, but the complainant must still prove the foundational loan transaction once consideration is put in issue. On the facts discussed, the complainant could not give the particulars of the alleged loan, the date of disbursement, or the agreed interest, and produced no contemporaneous record of funds movement. The defence that signed blank cheques were issued in an existing professional and business relationship was treated as probable and sufficient to rebut the Section 139 presumption on a preponderance of probabilities. The trial court's view that no legally enforceable debt was proved was held to be a plausible one, so appellate interference with the acquittal was not warranted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
