Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
The High Court allowed the compounding of the offence u/s 147 of the Act in a case involving the dishonour of a cheque. The petitioner-accused had already paid compensation to the complainant, meeting the requirements set by the court. Following guidelines from a Supreme Court case, the court accepted the application for compounding, quashed the judgments of conviction and sentence, and acquitted the accused of the offence u/s 138 of the Act. Application was allowed.
The High Court allowed the compounding of the offence u/s 147 of the Act in a case involving the dishonour of a cheque. The petitioner-accused had already paid compensation to the complainant, meeting the requirements set by the court. Following guidelines from a Supreme Court case, the court accepted the application for compounding, quashed the judgments of conviction and sentence, and acquitted the accused of the offence u/s 138 of the Act. Application was allowed.
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