Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The HC dismissed the petitions seeking quashing of criminal complaints against the petitioners for dishonor of cheques. It held that exercising inherent jurisdiction u/s 482 CrPC to quash proceedings at summoning stage should be done sparingly. Mere change in complainant company's name is formal and curable, not affecting rights or merits. Quashing on this technical ground when cheque signatures are undisputed and claim unadjudicated would frustrate justice. The Trial Court was requested to expedite proceedings pending since 2018.
The HC dismissed the petitions seeking quashing of criminal complaints against the petitioners for dishonor of cheques. It held that exercising inherent jurisdiction u/s 482 CrPC to quash proceedings at summoning stage should be done sparingly. Mere change in complainant company's name is formal and curable, not affecting rights or merits. Quashing on this technical ground when cheque signatures are undisputed and claim unadjudicated would frustrate justice. The Trial Court was requested to expedite proceedings pending since 2018.
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TaxTMI 
TaxTMI 
of 4915 
