Order of Attachment with one year Period to Deposit Amount of Cheque will not Prevent Assessee from Honoring Cheque: Bombay HC

Order of Attachment - deposit amount of Cheque - deposit amount - deposit - honoring cheque - Bombay Highcourt - taxscan

The Bombay High Court in its recent judgement has held that the order of attachment with one year period to deposit the amount of the cheque will not prevent the assessee from honoring the cheque. The petitioner, the Maharaja Log Home OPC Pvt Ltd challenged the order dated 7th September 2021 passed by Judicial Magistrate…

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