Tuesday, November 12, 2019

Burden to rebut presumption of debt in cheque bounce case is on the accused

COMPANY LAW : A complaint under Negotiable Instruments Act could not have been dismissed only on account of discrepancies in determination of amount due or oral evidence in amount due when written document crystallizes amount due for which cheque was issued

from www.taxmann.com Latest Case Laws https://ift.tt/34UGZ7Q

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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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