Payment by crossed cheque preserves tax deduction and bars pleas disputing non-cash payment when tendered appropriately. The amendment provides that where payment must be made by a crossed cheque or crossed bank draft to avoid disallowance under subsection (3), the payment may be made by such cheque or draft, and where so made or tendered no person shall be permitted in any suit or proceeding to argue that the payment was not made in cash or any other manner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Payment by crossed cheque preserves tax deduction and bars pleas disputing non-cash payment when tendered appropriately.
The amendment provides that where payment must be made by a crossed cheque or crossed bank draft to avoid disallowance under subsection (3), the payment may be made by such cheque or draft, and where so made or tendered no person shall be permitted in any suit or proceeding to argue that the payment was not made in cash or any other manner.
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