https://www.taxtmi.com/highlights?id=57326 Disallowance of Stale Cheque - As perused the assessment order. The assessee is a public sector company, audited by C&AG. The assessee has been following regular system of crediting stale cheques back to the accounts as and when it thinks that the liability has ceased to exist. - the additions could not have been made in the current year. - AT en-us Thu, 25 Mar 2021 15:51:19 +0530 Thu, 25 Mar 2021 15:51:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57326 Disallowance of Stale Cheque - As perused the assessment order. The assessee is a public sector company, audited by C&AG. The assessee has been following regular system of crediting stale cheques back to the accounts as and when it thinks that the liability has ceased to exist. - the additions could not have been made in the current year. - AT Highlights Income Tax Thu, 25 Mar 2021 15:51:19 +0530 https://www.taxtmi.com/highlights?id=57326