Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
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A statutory demand notice under section 138 of the Negotiable Instruments Act must precisely state the amount due under validly dishonoured cheques. The text notes that a cheque presented after its validity expires, or a post-dated cheque presented prematurely, cannot support prosecution; combining their amounts with valid cheques in one demand renders the composite notice invalid. It also states that a notice returned with the postal endorsement "not known" is not good service unless appropriate further service steps are taken. On these grounds, the appellate acquittal under section 138 was affirmed and the appeal dismissed.
A statutory demand notice under section 138 of the Negotiable Instruments Act must precisely state the amount due under validly dishonoured cheques. The text notes that a cheque presented after its validity expires, or a post-dated cheque presented prematurely, cannot support prosecution; combining their amounts with valid cheques in one demand renders the composite notice invalid. It also states that a notice returned with the postal endorsement "not known" is not good service unless appropriate further service steps are taken. On these grounds, the appellate acquittal under section 138 was affirmed and the appeal dismissed.
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