Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Recorded satisfaction in assessment order is mandatory before penalty under section 271D can be sustained.
    Exemption under section 10(23C)(vi) follows binding prior tribunal orders despite later administrative error
    Telecom tax adjustments: Tribunal deleted multiple disallowances, allowed spectrum amortisation, and rejected section 14A in absence of exempt income.
    Make available test under India-US DTAA failed for manpower support services, so fees for technical services addition was deleted.
    Delayed Form 10IC treated as procedural lapse where option for concessional tax regime was already exercised in return.
    Reasonable cause under section 273B protected the assessee from TDS default penalty under section 272A(2)(g).
    Redevelopment hardship compensation held to be a non-taxable capital receipt; tax on additional carpet area set aside for lack of notice.
    Transfer pricing comparability turns on turnover, segmental data and functional profile in software development and marketing support services.
    Turnover-based comparability and AE-only transfer pricing adjustment shape ITES benchmarking and withholding tax review.
    Transfer pricing of ECB interest requires year-specific benchmarking on correct facts; RBI ceiling is only corroborative, not determinative.
    False shipping bills and EPCG fraud justified penalty, but proportionality required reduction of the customs penalties.
    Assessable value and classification of computer goods rejected where no evidence supported misdeclaration or incomplete system treatment.
    Additional evidence under tribunal rules must be tested for necessity or sufficient cause, not merely late filing.
    Declared export value cannot be rejected without recorded reasons or prescribed valuation procedure; assessment must follow transaction value.
    Equitable meaning of "member" in oppression and mismanagement petitions allows remedy despite absent register entry.
    Class voting, veil piercing and exclusion of penal dues shaped recovery under resolution plans for stalled projects.
    Corporate guarantee liability limited to equity and shortfall obligations; Section 7 insolvency claim barred by Section 10A.
    Operational debt in joint venture supply arrangement upheld; Section 10A bar and pre-existing dispute objections failed.
    Commercial wisdom in resolution plan evaluation upheld; post-submission addendum rejected as impermissible modification.
    May 6, 2026   Case Laws Money Laundering
    PMLA bail relief granted after custodial statements were rejected and foundational facts for proceeds of crime were not proved.
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters

Allegation of committing fraud and caused loss to the company by...

Court Quashes Fraud Complaint Due to Insufficient Evidence; Suggests Civil Remedies for Business Competition Issues Under Relevant Act.

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Companies Law July 12, 2023 Case Laws HC
Allegation of committing fraud and caused loss to the company by incorporating and joining a company which had a similar name and operating pattern - Vague allegations that confidential information and technical know-how were misused are insufficient. Even assuming that this offence is made out the complainant ought to have resorted to the remedy under the Act. This Court also finds that the complaint stems out from the grievance of the complainant that the petitioner had started a rival company and had diverted the business of the complainant. Such issues cannot be the subject matter of criminal prosecution in the absence of the necessary ingredients to constitute the offence alleged. The petitioner has other remedies available in law. Since the allegations do not attract the offences, this Court is inclined to quash the complaint. - HC

Topics

Acts Income Tax