Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
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.
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