Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Dishonor of cheque - Offences punishable under Sections 415 and 420 of IPC - sub-standard black pepper supplied - In the case on hand, though the cheque was bounced, no case is filed under Section 138 of the NI Act. The allegation is made against the petitioner that with dishonest intention, a transaction was entered into and at the inception of the transaction itself there was an intention to cheat the complainant. When such being the facts and circumstances of the case, the very contention of the learned counsel for the petitioner that only on abuse of process, a false proceedings is initiated against the petitioner cannot be accepted at this juncture. - HC
Dishonor of cheque - Offences punishable under Sections 415 and 420 of IPC - sub-standard black pepper supplied - In the case on hand, though the cheque was bounced, no case is filed under Section 138 of the NI Act. The allegation is made against the petitioner that with dishonest intention, a transaction was entered into and at the inception of the transaction itself there was an intention to cheat the complainant. When such being the facts and circumstances of the case, the very contention of the learned counsel for the petitioner that only on abuse of process, a false proceedings is initiated against the petitioner cannot be accepted at this juncture. - HC
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