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High Court of Karnataka Quashes FIR in Aadhaar Enrolment Fraud Case — No Prima Facie Case Made Out. Allegations of forgery and cheating under IPC Sections 465, 468, 469, 471, 420, 120-B read with 34 fail as complaint lacks specific details and essential ingredients.

The petitioner, Sri Naresh Kumar R.P., CEO of M/s Edurays India, filed a petition under Section 482 of the Code of Criminal Procedure, 1973 seeking qu...

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Bombay High Court Rules Share Issue Expenses to Dilute Foreign Equity as Capital Expenditure Under Income Tax Act, 1961. Interest on Share Application Money Cannot Be Adjusted Against Such Capital Expenditure.

The case involves an Income Tax Reference under Section 256(1) of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal (Tribunal) at the ins...

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Karnataka High Court Dismisses State's Revision in Sales Tax Case — Transfer of Know-How Not a Sale. Brand Owner Exempt from Tax as No Manufacturing Activity Undertaken by Assessee Under Karnataka Sales Tax Act, 1957.

The State of Karnataka filed revision petitions under Section 23(1) of the Karnataka Sales Tax Act, 1957, challenging an order of the Karnataka Appell...

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High Court of Karnataka Quashes 100 Contract Carriage Permits for Non-Compliance with Motor Vehicles Act — Permits Issued Without Prior Grant Order and Without Attaching Mandatory Conditions Under Section 74(2).

The petitioners, Bangalore Tourist Taxi Owners Association and another, filed writ petitions challenging 100 contract carriage permits issued to respo...