Functional comparability under TNMM supported exclusion of ITeS comparables with R&D, intangibles, diversified operations, or unavailable segmental da...
Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
HC dismissed the revision petition challenging conviction under Section 138 of the Negotiable Instruments Act. The court upheld the concurrent findings of the trial court and appellate court, determining that the accused failed to rebut the statutory presumption regarding cheque issuance. The defense witnesses' testimonies were found unreliable, and no credible evidence was presented to challenge the loan transaction. The court concluded that the accused did not establish his defense on preponderance of probabilities, thereby maintaining the original conviction and sentence.
HC dismissed the revision petition challenging conviction under Section 138 of the Negotiable Instruments Act. The court upheld the concurrent findings of the trial court and appellate court, determining that the accused failed to rebut the statutory presumption regarding cheque issuance. The defense witnesses' testimonies were found unreliable, and no credible evidence was presented to challenge the loan transaction. The court concluded that the accused did not establish his defense on preponderance of probabilities, thereby maintaining the original conviction and sentence.
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