
SLP dismissed against bogus liability named “book overdraft” for cheques not presented
November 8, 2025
Income Tax, Supreme Court
SLP dismissed against bogus liability styled as “book overdraft” reflected as payable to banks for cheques issued not presented to the banks In a recent judgment, Hon’ble Supreme Court dismissed the SLP against the decision of the Delhi High Court upholding the addition towards bogus liability styled as …
