section 147 — Indian case law & digests

Supreme CourtSupreme Court of India

Damodar S. Prabhu v. Sayed Babalal (2010): graded-cost guidelines for compounding s.138 offences

The Supreme Court confirmed that a cheque-dishonour offence under s.138 of the Negotiable Instruments Act is compoundable under s.147, and framed graded-cost guidelines to push parties toward early settlement. A no-cost window at the first or second hearing rises to escalating percentages of the cheque amount the longer compounding is delayed, foregrounding the statute's compensatory purpose.

Valkya Editorial·22 Jun 2026·6 min

TribunalIncome Tax Appellate Tribunal

Shyama Shyam Infradevelopers v. ITO: an Insight-portal reopening void ab initio

ITAT Agra quashed a section 147/148 reassessment built solely on unverified Insight-portal data, holding jurisdiction void once its core ground failed.

Valkya Editorial·15 Jun 2026·6 min