Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Dishonour of Cheque - insufficient funds - discharge of legal liability - A scenarios involving financial transactions with potentially fraudulent undertones - The High court noted that this presumption is rebuttable and that the defense had successfully cast doubt on the existence of the alleged debt. - Significant to this case was the finding on the financial capacity of the petitioner. Evidence and circumstances suggested that the petitioner’s financial status was inconsistent with the ability to lend the amounts claimed. - The High Court upheld the appellate court’s decision to acquit the accused, emphasizing the lack of concrete evidence on the petitioner's ability to lend such an amount and the improbability of the debt’s existence.
Dishonour of Cheque - insufficient funds - discharge of legal liability - A scenarios involving financial transactions with potentially fraudulent undertones - The High court noted that this presumption is rebuttable and that the defense had successfully cast doubt on the existence of the alleged debt. - Significant to this case was the finding on the financial capacity of the petitioner. Evidence and circumstances suggested that the petitioner’s financial status was inconsistent with the ability to lend the amounts claimed. - The High Court upheld the appellate court’s decision to acquit the accused, emphasizing the lack of concrete evidence on the petitioner's ability to lend such an amount and the improbability of the debt’s existence.
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