Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
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...
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The HC set aside the lower court's order and allowed the petition to proceed to trial in a dishonored cheque case. Despite discrepancies in the cheque (overwriting of date and incomplete amount in words showing "Four lac sixty five" instead of "Four lac sixty five thousand" while the numerical figure showed Rs. 4,65,000/-), the court found these to be inadvertent errors rather than material defects. The court determined that the legal notice clearly specified the cheque amount, and the respondent never replied to refute liability. Technical grounds alone were insufficient to dismiss the complaint under Section 138 of the NI Act without affording parties the opportunity to prove their respective cases at trial.
The HC set aside the lower court's order and allowed the petition to proceed to trial in a dishonored cheque case. Despite discrepancies in the cheque (overwriting of date and incomplete amount in words showing "Four lac sixty five" instead of "Four lac sixty five thousand" while the numerical figure showed Rs. 4,65,000/-), the court found these to be inadvertent errors rather than material defects. The court determined that the legal notice clearly specified the cheque amount, and the respondent never replied to refute liability. Technical grounds alone were insufficient to dismiss the complaint under Section 138 of the NI Act without affording parties the opportunity to prove their respective cases at trial.
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