Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Criminal breach of trust - loan and its repayment - dishonest intention or not - proceeding under Section 138 of the N.I. Act is pending for dishonor of cheque - Parallel proceedings or not - This case involved a dispute over the repayment of a loan, where the petitioners (a company and its directors) were accused of failing to fulfill their financial obligations, leading to charges under the IPC. The court's analysis revealed that the dispute was of a civil nature and that there was insufficient evidence of any criminal wrongdoing by the petitioners. Consequently, the court quashed the legal proceedings against them, highlighting the absence of dishonesty or misappropriation and emphasizing the importance of distinguishing between civil disputes and criminal offences.
Criminal breach of trust - loan and its repayment - dishonest intention or not - proceeding under Section 138 of the N.I. Act is pending for dishonor of cheque - Parallel proceedings or not - This case involved a dispute over the repayment of a loan, where the petitioners (a company and its directors) were accused of failing to fulfill their financial obligations, leading to charges under the IPC. The court's analysis revealed that the dispute was of a civil nature and that there was insufficient evidence of any criminal wrongdoing by the petitioners. Consequently, the court quashed the legal proceedings against them, highlighting the absence of dishonesty or misappropriation and emphasizing the importance of distinguishing between civil disputes and criminal offences.
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