Social forestry expenditure requires activity-based classification, limiting book-profit adjustments and preserving penalty relief where normal additi...
Inaccurate-particulars penalties fail where transfer-pricing documentation shows good faith and due diligence, and underlying capital-gains additions ...
Transfer-pricing tolerance for software sub-licensing falls within the services range, eliminating the adjustment and requiring TDS-credit verificatio...
Customs Broker due diligence requires prescribed KYC, not detecting misdeclarations discoverable only through physical examination, defeating licence ...
The Andhra Pradesh High Court allowed the application for compromise in a dishonour of cheque case. The terms of the compromise were read and admitted by the parties. Referring to a Supreme Court decision, it was noted that costs for compounding during proceedings should be deposited with the District Legal Services Authority. The court, satisfied with the compromise and settlement, set aside the judgment, acquitted the accused u/s 138 of N.I. Act, and disposed of the application.
The Andhra Pradesh High Court allowed the application for compromise in a dishonour of cheque case. The terms of the compromise were read and admitted by the parties. Referring to a Supreme Court decision, it was noted that costs for compounding during proceedings should be deposited with the District Legal Services Authority. The court, satisfied with the compromise and settlement, set aside the judgment, acquitted the accused u/s 138 of N.I. Act, and disposed of the application.
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TaxTMI 
TaxTMI 
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