RAMESH HARIBHAU GAWALI vs. THE INCOME TAX OFFICER - I AHMEDNAGAR

The appeal stands dismissed

Bench: HON'BLE SMT. JUSTICE VIBHA KANKANWADI,HON'BLE SHRI JUSTICE S. G. CHAPALGAONKAR

disallowed is that the parties in whose names the cheques were alleged to be issued by the appellant have deposed on oath that the signature on the back side of the cheques and the rubber stamps were not of their business establishments and they have neither encashed the cheques from the bank, nor received the amount from third parties