Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Dishonor of Cheque - Admittedly, the present petitioner neither signed the cheque in question nor signed nor witnessed the Distributorship Agreement. In fact, it has not even been averred that the petitioner was even present at the time of signing the agreement. The person who has signed the cheque in question and the Distributorship Agreement - husband of the petitioner as well as the company have also been summoned as accused in the complaint case along with the present petitioner. The present petition has been filed only on behalf of the petitioner. - Thus, necessary ingredients required to constitute the offence under Section 141 of the N.I. Act qua the present petitioner are not satisfied - HC
Dishonor of Cheque - Admittedly, the present petitioner neither signed the cheque in question nor signed nor witnessed the Distributorship Agreement. In fact, it has not even been averred that the petitioner was even present at the time of signing the agreement. The person who has signed the cheque in question and the Distributorship Agreement - husband of the petitioner as well as the company have also been summoned as accused in the complaint case along with the present petitioner. The present petition has been filed only on behalf of the petitioner. - Thus, necessary ingredients required to constitute the offence under Section 141 of the N.I. Act qua the present petitioner are not satisfied - HC
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TaxTMI 
TaxTMI 
of 4918 
