Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
The HC affirmed the trial court's conviction of the accused under Section 138 of the NI Act for dishonour of cheque due to insufficient funds. The accused failed to rebut the statutory presumption of liability, as mere denial under Section 313 Cr.P.C. was insufficient without adducing defense evidence. The cheque was issued against a legally enforceable debt, and the complainant was the holder in due course entitled to maintain the complaint. The accused did not dispute the loan or account details and failed to pay despite receipt of demand notice. The revision petition challenging the conviction and sentence was dismissed, affirming the imposition of imprisonment for default in payment of compensation.
The HC affirmed the trial court's conviction of the accused under Section 138 of the NI Act for dishonour of cheque due to insufficient funds. The accused failed to rebut the statutory presumption of liability, as mere denial under Section 313 Cr.P.C. was insufficient without adducing defense evidence. The cheque was issued against a legally enforceable debt, and the complainant was the holder in due course entitled to maintain the complaint. The accused did not dispute the loan or account details and failed to pay despite receipt of demand notice. The revision petition challenging the conviction and sentence was dismissed, affirming the imposition of imprisonment for default in payment of compensation.
Note: It is a system-generated summary and is for quick reference only.