https://www.taxtmi.com/caselaws?id=357630 The High Court dismissed the appeal against acquittal under Section 138 of the Negotiable Instruments Act. The court found discrepancies in the appellant's claims, insufficient evidence to rebut the statutory presumption, and highlighted the importance of specific facts in each case. Emphasizing the need for compliance with Income Tax Act provisions, the court concluded that the lower court's decision was not perverse or implausible, leading to the dismissal of the appeal for lacking merit. en-us Mon, 26 Feb 2018 00:00:00 +0530 Tue, 27 Mar 2018 09:21:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357630 The High Court dismissed the appeal against acquittal under Section 138 of the Negotiable Instruments Act. The court found discrepancies in the appellant's claims, insufficient evidence to rebut the statutory presumption, and highlighted the importance of specific facts in each case. Emphasizing the need for compliance with Income Tax Act provisions, the court concluded that the lower court's decision was not perverse or implausible, leading to the dismissal of the appeal for lacking merit. Case-Laws Indian Laws Mon, 26 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357630