Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Dishonour of cheque case instituted within 30 days from legal notice date satisfies condition precedent for cognizance u/s 138 and 142(b) of NI Act. Complaint within limitation even if presumption of notice service within reasonable 30 days applied. Complainant not required to prove notice service before institution; accused to rebut deemed service presumption under Evidence Act. Trial courts must ensure compliance with NI Act provisions at registration stage. Appellate court judgment set aside, case remitted for fresh hearing.
Dishonour of cheque case instituted within 30 days from legal notice date satisfies condition precedent for cognizance u/s 138 and 142(b) of NI Act. Complaint within limitation even if presumption of notice service within reasonable 30 days applied. Complainant not required to prove notice service before institution; accused to rebut deemed service presumption under Evidence Act. Trial courts must ensure compliance with NI Act provisions at registration stage. Appellate court judgment set aside, case remitted for fresh hearing.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
