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...
Page of 4828
Press 'Enter' after typing page number.
161 to 180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC upheld the conviction for dishonour of cheque due to insufficient funds, affirming the presumption under Sections 118(a) and 139 of the NI Act that the cheque was issued for discharge of a legal debt. The accused failed to rebut this presumption, offering no credible explanation or defence evidence under Section 313 CrPC. Mere denial was deemed insufficient. The Court found no error or perversity in the trial court's findings and rejected the revision petition. The compensation of Rs. 15,000 awarded by the trial court was deemed reasonable, and the sentence of imprisonment for default in payment was affirmed. The revision petition was dismissed in its entirety.
The HC upheld the conviction for dishonour of cheque due to insufficient funds, affirming the presumption under Sections 118(a) and 139 of the NI Act that the cheque was issued for discharge of a legal debt. The accused failed to rebut this presumption, offering no credible explanation or defence evidence under Section 313 CrPC. Mere denial was deemed insufficient. The Court found no error or perversity in the trial court's findings and rejected the revision petition. The compensation of Rs. 15,000 awarded by the trial court was deemed reasonable, and the sentence of imprisonment for default in payment was affirmed. The revision petition was dismissed in its entirety.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
