Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Page of 4830
Press 'Enter' after typing page number.
161 to 180 of 96587 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 acquittal of the accused in a cheque dishonour case due to insufficiency of funds, finding no perversity or illegality in the trial court's appreciation of evidence. The complainant failed to establish the existence of a legally enforceable debt or liability discharged by the cheque, especially as the statutory presumption under Section 139 of the N.I. Act was not attracted. Independent and credible evidence to substantiate the debt was lacking, and the accused's version was found more probable. The appellate court emphasized the high threshold for interference with acquittal orders, which requires the trial court's conclusion to be manifestly unjust or perverse. Since two views were possible and the trial court's reasoning was reasonable, the appeal against acquittal was dismissed, affirming the accused's innocence and maintaining the presumption in their favor.
The HC upheld the acquittal of the accused in a cheque dishonour case due to insufficiency of funds, finding no perversity or illegality in the trial court's appreciation of evidence. The complainant failed to establish the existence of a legally enforceable debt or liability discharged by the cheque, especially as the statutory presumption under Section 139 of the N.I. Act was not attracted. Independent and credible evidence to substantiate the debt was lacking, and the accused's version was found more probable. The appellate court emphasized the high threshold for interference with acquittal orders, which requires the trial court's conclusion to be manifestly unjust or perverse. Since two views were possible and the trial court's reasoning was reasonable, the appeal against acquittal was dismissed, affirming the accused's innocence and maintaining the presumption in their favor.
Note: It is a system-generated summary and is for quick reference only.