https://www.taxtmi.com/highlights?id=61786 Dishonor of Cheque - insufficiency of funds - rebuttal of presumption under Sections 118 and 139 of the NI Act - The failure of the appellant in showing the said amounts in the Income Tax Returns is also a relevant factor, which the Sessions Court took into consideration while reversing the conviction and sentence - it is found that the Magistrate had erred in proceeding to convict and sentence the respondent no. 1 under Section 138 of the aforesaid Act and that the Sessions Court was justified in interfering with the same. - HC en-us Fri, 04 Feb 2022 14:25:25 +0530 Fri, 04 Feb 2022 14:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61786 Dishonor of Cheque - insufficiency of funds - rebuttal of presumption under Sections 118 and 139 of the NI Act - The failure of the appellant in showing the said amounts in the Income Tax Returns is also a relevant factor, which the Sessions Court took into consideration while reversing the conviction and sentence - it is found that the Magistrate had erred in proceeding to convict and sentence the respondent no. 1 under Section 138 of the aforesaid Act and that the Sessions Court was justified in interfering with the same. - HC Highlights Indian Laws Fri, 04 Feb 2022 14:25:25 +0530 https://www.taxtmi.com/highlights?id=61786