Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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HC dismissed the application under Section 482 CrPC challenging dismissal of a complaint for want of prosecution. The court held that repeated absence of the complainant, failure to avail statutory remedies, and unexplained delay did not constitute procedural irregularity warranting extraordinary judicial intervention. The applicant's own conduct in failing to appear and prosecute the complaint precluded equitable relief. The court emphasized that inherent powers cannot be exercised to circumvent statutory provisions or revive proceedings already concluded, particularly where specific remedies exist and the default is attributable to the party seeking relief.
HC dismissed the application under Section 482 CrPC challenging dismissal of a complaint for want of prosecution. The court held that repeated absence of the complainant, failure to avail statutory remedies, and unexplained delay did not constitute procedural irregularity warranting extraordinary judicial intervention. The applicant's own conduct in failing to appear and prosecute the complaint precluded equitable relief. The court emphasized that inherent powers cannot be exercised to circumvent statutory provisions or revive proceedings already concluded, particularly where specific remedies exist and the default is attributable to the party seeking relief.
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