Thursday, May 21, 2020

HC sets aside tribunal’s impugned order as respondent couldn’t prove repayment of debt against cheques issued

FEMA, BANKING & INSURANCE: Where cheque issued to appellant for repayment of loan by respondent-­accused was dishonoured and respondent failed to prove repayment of said loan subsequently, Trial court erred in holding that commission of offence under section 138 was not proved by appellant

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000187609/hc-sets-aside-tribunal’s-impugned-order-as-respondent-couldn’t-prove-repayment-of-debt-against-cheques-issued.aspx

No comments:

Post a Comment

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

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...