Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Extended reassessment limitation in search cases requires asset-linked escaped income, invalidating additions based only on unexplained money or expen...
Enhanced tolerance band under section 43CA applies retrospectively, deleting qualifying deemed-sale additions while disputed stamp valuation requires ...
Customs transaction value rejection requires communicated reasonable doubt, while written reassessment acceptance preserves challenges to enhanced val...
Challenge-mechanism compliance clarifications permitted, while unilateral revised resolution plans may be refused under creditors' commercial discreti...
Post-conviction compounding of a cheque dishonour offence is unavailable once criminal revision has been dismissed on merits and has affirmed the conviction and sentence. Finality prevents inherent jurisdiction from being used to review or nullify a concluded criminal adjudication, and a subsequent settlement cannot indirectly reopen the conviction. Authorities permitting compounding were distinguishable on the stated facts. The petition seeking compounding was not maintainable; compounding was declined and the petition was dismissed with costs.
Post-conviction compounding of a cheque dishonour offence is unavailable once criminal revision has been dismissed on merits and has affirmed the conviction and sentence. Finality prevents inherent jurisdiction from being used to review or nullify a concluded criminal adjudication, and a subsequent settlement cannot indirectly reopen the conviction. Authorities permitting compounding were distinguishable on the stated facts. The petition seeking compounding was not maintainable; compounding was declined and the petition was dismissed with costs.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
