Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
The HC affirmed the conviction of the accused under Section 138 of the NI Act for cheque dishonour due to insufficient funds. The accused failed to rebut the statutory presumption under Sections 118(a) and 139 by adducing defence evidence; mere denial in the Section 313 Cr.P.C. statement was insufficient. The affidavit acknowledging the loan of Rs. 4,50,000/- was admitted and unchallenged, confirming the cheque was issued to discharge a legally enforceable debt. The accused's claim of repayment lacked evidentiary support and was rightly rejected. The dishonour of the cheque and non-payment after notice were duly established beyond reasonable doubt. The HC held the compensation of Rs. 1,00,000/- on the principal amount was not excessive and dismissed the appeal, thereby upholding the trial court's order.