Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
HC dismissed the petition regarding dishonour of cheque, holding that the partner cannot be vicariously liable under Negotiable Instruments Act when the partnership firm was not the primary accused. The complaint was not maintainable as the firm was not made a party, and no specific allegations were established against the partner. The Additional Chief Metropolitan Magistrate's order was upheld, effectively abating the complaint following the death of the original accused partner, with no liability attributed to the remaining partner.
HC dismissed the petition regarding dishonour of cheque, holding that the partner cannot be vicariously liable under Negotiable Instruments Act when the partnership firm was not the primary accused. The complaint was not maintainable as the firm was not made a party, and no specific allegations were established against the partner. The Additional Chief Metropolitan Magistrate's order was upheld, effectively abating the complaint following the death of the original accused partner, with no liability attributed to the remaining partner.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4786
Join Channel
TaxTMI 
