Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Dishonour of Cheque - Compoundable offences - frustration of settlement - Despite the respondent's opposition to compounding the offenses, the court emphasized the importance of compensatory justice in such cases. It acknowledged the appellant's efforts to repay the amount and noted that continuing the criminal proceedings would be unjustified. Therefore, the court quashed all pending criminal proceedings and directed the trial court to hand over the deposited amount to the respondent.
Dishonour of Cheque - Compoundable offences - frustration of settlement - Despite the respondent's opposition to compounding the offenses, the court emphasized the importance of compensatory justice in such cases. It acknowledged the appellant's efforts to repay the amount and noted that continuing the criminal proceedings would be unjustified. Therefore, the court quashed all pending criminal proceedings and directed the trial court to hand over the deposited amount to the respondent.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
