Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
HC dismissed the petition challenging an acquittal under Section 138 of the Negotiable Instruments Act. The Court held that while statutory presumptions exist regarding cheque execution and consideration, these can be rebutted by the accused by raising a probable defense on preponderance of probabilities. Once the accused successfully challenges the presumption, the burden shifts to the complainant to prove the debt's existence. The Court found no perversity in the original acquittal and emphasized that an acquittal decision reinforces the presumption of innocence and requires substantial evidence to be overturned.
HC dismissed the petition challenging an acquittal under Section 138 of the Negotiable Instruments Act. The Court held that while statutory presumptions exist regarding cheque execution and consideration, these can be rebutted by the accused by raising a probable defense on preponderance of probabilities. Once the accused successfully challenges the presumption, the burden shifts to the complainant to prove the debt's existence. The Court found no perversity in the original acquittal and emphasized that an acquittal decision reinforces the presumption of innocence and requires substantial evidence to be overturned.
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