Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
Whether criminal proceedings under s.138 NI Act could be quashed at the threshold by examining if the cheque was issued towards a legally enforceable debt was answered in the negative. Since the complaint averments disclosed the statutory ingredients of s.138, the court held that the quashing court must only test prima facie maintainability and cannot undertake a roving inquiry or appreciate evidence at the pre-trial stage. The statutory presumption under s.139 that the cheque was issued towards discharge of debt/liability operates unless rebutted by evidence at trial, and the issue is to be adjudicated in trial or later appellate/revisional scrutiny. The quashing order was set aside and the complaint and summoning order were restored for trial - SC
Whether criminal proceedings under s.138 NI Act could be quashed at the threshold by examining if the cheque was issued towards a legally enforceable debt was answered in the negative. Since the complaint averments disclosed the statutory ingredients of s.138, the court held that the quashing court must only test prima facie maintainability and cannot undertake a roving inquiry or appreciate evidence at the pre-trial stage. The statutory presumption under s.139 that the cheque was issued towards discharge of debt/liability operates unless rebutted by evidence at trial, and the issue is to be adjudicated in trial or later appellate/revisional scrutiny. The quashing order was set aside and the complaint and summoning order were restored for trial - SC
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