Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
The case involves a dispute regarding the dishonour of cheques u/s 138 of the N.I. Act. The petitioner claimed to have sold 5 acres of land for Rs. 7.75 Crores, with contradictions on the execution of the Sale Deed. The respondent denied the Sale Deed's authenticity, requiring proof. The High Court held that the complaint prima facie discloses an offence, citing the burden of proving the absence of debt or liability. The petitioner's admission to issuing cheques and lack of challenge to summoning orders led to dismissal of the petition, as no prima facie case was found.
The case involves a dispute regarding the dishonour of cheques u/s 138 of the N.I. Act. The petitioner claimed to have sold 5 acres of land for Rs. 7.75 Crores, with contradictions on the execution of the Sale Deed. The respondent denied the Sale Deed's authenticity, requiring proof. The High Court held that the complaint prima facie discloses an offence, citing the burden of proving the absence of debt or liability. The petitioner's admission to issuing cheques and lack of challenge to summoning orders led to dismissal of the petition, as no prima facie case was found.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
