Transfer-pricing aggregation of distinct support-service and subcontract transactions was rejected, while debt-free receivables attracted no notional ...
Customs exemptions cover photovoltaic assembly machinery and PVF backsheets, while fully declared cleared imports may avoid confiscation and penalties...
Specific tariff classification for LCD devices overrides treatment as electricity-meter parts, defeating differential duty, extended limitation, and p...
Stayed disciplinary punishment does not establish unfitness for insolvency professional registration; reconsideration must disregard mere pendency of ...
Merger of a drawee bank transfers its assets, liabilities and customer accounts to the resulting bank; it does not extinguish the account or invalidate a cheque drawn on it. The cheque recipient may present the cheque without fault despite the merger. Claims that the cheque was misplaced constitute a defence requiring trial, rather than a ground to quash cheque-dishonour proceedings. Account closure likewise does not justify quashing. Cheque-dishonour proceedings therefore continue, with the drawer retaining liberty to raise available defences during trial.
Merger of a drawee bank transfers its assets, liabilities and customer accounts to the resulting bank; it does not extinguish the account or invalidate a cheque drawn on it. The cheque recipient may present the cheque without fault despite the merger. Claims that the cheque was misplaced constitute a defence requiring trial, rather than a ground to quash cheque-dishonour proceedings. Account closure likewise does not justify quashing. Cheque-dishonour proceedings therefore continue, with the drawer retaining liberty to raise available defences during trial.
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TaxTMI 
TaxTMI 
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