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Case Law Details

Case Name : R. Narender Vs Yakamma Keloth or Kalyan (Telangana High Court)
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R. Narender Vs Yakamma Keloth or Kalyan (Telangana High Court)

Though PW.1 admits that he was an income tax assessee, but he has not shown the amount spent for installation of Petroleum bunk Rs.3.00 Crores in his tax returns during that period.

Therefore, a doubt arises whether the complainant was financially capable of spending such huge amount. In the absence of any corroborative evidence, the version of the complainant cannot be accepted at its face value. Further in vi

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One Comment

  1. DEEPAK SONI says:

    THE DECISION WICH IS TOTALLY ERRONEOUS UNDER THE N I ACT DESERVES TO BE OUTRIGHT REJECTED AND SHOULD BE REVERSED BY THE HIGH COURT. IT IS GROSS MISCARRIAGE OF JUSTICE AND SHALL BECOME AN INSTRUMENT IN HANDS OF THE CHEATEARS.

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