Credit-note turnover adjustments preserve inverted-duty refunds, while ministerial re-computation does not constitute an impermissible appellate reman...
Revisional jurisdiction over export quota premium deductions requires both error and Revenue prejudice; a permissible assessment view cannot be displa...
Statutory presumption of a legally enforceable debt following admission of a cheque signature is rebuttable on a preponderance of probabilities. In an alleged cash-loan transaction, failure to establish the complainant's financial capacity or a financial trail, together with non-examination of the eyewitness to the loan and cheque delivery, supported a probable defence that no loan existed. The lower courts' reliance on the presumption and the accused's statement, without drawing an adverse inference for withholding the material witness, misallocated the burden of proof. The conviction was set aside and the accused acquitted of cheque dishonour.
Statutory presumption of a legally enforceable debt following admission of a cheque signature is rebuttable on a preponderance of probabilities. In an alleged cash-loan transaction, failure to establish the complainant's financial capacity or a financial trail, together with non-examination of the eyewitness to the loan and cheque delivery, supported a probable defence that no loan existed. The lower courts' reliance on the presumption and the accused's statement, without drawing an adverse inference for withholding the material witness, misallocated the burden of proof. The conviction was set aside and the accused acquitted of cheque dishonour.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4886 
