Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Page of 4782
Press 'Enter' after typing page number.
601 to 620 of 95636 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
HC dismisses criminal complaint challenge under NI Act, holding that: (1) the presumption under Section 139 applies when cheque execution is undisputed; (2) the burden is on the drawer to prove the cheque was not issued for a legally enforceable debt; (3) SARFAESI proceedings do not bar criminal prosecution under Section 138; and (4) the inherent powers under Section 482 CrPC cannot be exercised to quash proceedings at the summoning stage without unimpeachable evidence. The Court found no material to conclusively determine the cheque's purpose and emphasized that disputed factual questions are matters for trial, thus dismissing the petition.
HC dismisses criminal complaint challenge under NI Act, holding that: (1) the presumption under Section 139 applies when cheque execution is undisputed; (2) the burden is on the drawer to prove the cheque was not issued for a legally enforceable debt; (3) SARFAESI proceedings do not bar criminal prosecution under Section 138; and (4) the inherent powers under Section 482 CrPC cannot be exercised to quash proceedings at the summoning stage without unimpeachable evidence. The Court found no material to conclusively determine the cheque's purpose and emphasized that disputed factual questions are matters for trial, thus dismissing the petition.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
