Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
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The SC dismissed a petition seeking transfer of a Section 138 NI Act case from Chandigarh to Coimbatore. The Court clarified that under Section 142(2)(a) of the NI Act, jurisdiction lies with the court where the branch of the bank in which the cheque was presented for collection is situated. The SC held that Section 406 CrPC transfer powers require circumstances "expedient for the ends of justice," not merely inconvenience to the accused in traveling between locations. The non-obstante clause in Section 142(1) does not abrogate the Court's transfer powers under Section 406 CrPC, but mere hardship or inconvenience does not meet the threshold for transfer. The petitioner may seek exemption from personal appearance or request online participation.
The SC dismissed a petition seeking transfer of a Section 138 NI Act case from Chandigarh to Coimbatore. The Court clarified that under Section 142(2)(a) of the NI Act, jurisdiction lies with the court where the branch of the bank in which the cheque was presented for collection is situated. The SC held that Section 406 CrPC transfer powers require circumstances "expedient for the ends of justice," not merely inconvenience to the accused in traveling between locations. The non-obstante clause in Section 142(1) does not abrogate the Court's transfer powers under Section 406 CrPC, but mere hardship or inconvenience does not meet the threshold for transfer. The petitioner may seek exemption from personal appearance or request online participation.
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