Cheque Dishonour and Non Disclosure of Amount in ITR

Cheque Dishonour and Non Disclosure of Amount in ITR

Dealing with a case under S.138 of Negotiable Instruments Act, 1881, it was held in Ramesh Kumar Sisodia v. Parvesh Dabas [2025] GCtR 1534 (Delhi) that "even though the amount may not have been disclosed in the ITR, that would only entail a penalty under the Income Tax Act but cannot be considered sufficient to disprove the money transaction."