Friday, September 13, 2019

HC acquitted accused from offence of cheque dishonouring as there was no evidence to show his legal liability to pay

FEMA, BANKING & INSURANCE: Where complainant had not executed any document pertaining to such loan transaction and neither he examined any witness in support - Whether since complainant had not been able to prove that accused had taken legally recoverable debt from complainant, accused was to be acquitted from committing offense under section 138

from www.taxmann.com Latest Case Laws https://ift.tt/2AhTuNL

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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