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![Book Entries of Unverified Bank Overdrafts Not Genuine Income Tax Liabilities: Supreme Court sustains Delhi HC Order [Read Judgement] Book Entries of Unverified Bank Overdrafts Not Genuine Income Tax Liabilities: Supreme Court sustains Delhi HC Order [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104508-book-entries-unverified-bank-income-tax-liabilities-income-tax-taxscan.webp)
Book Entries of Unverified Bank Overdrafts Not Genuine Income Tax Liabilities: Supreme Court sustains Delhi HC Order [Read Judgement]
The Supreme Court of India recently upheld a ruling by the Delhi High Court wherein it was affirmed that book entries reflecting unverified bank...



![NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order] NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Penalty-CIRP-NCLT-penalty-taxscan.jpg)
![Private Parties can’t apportion Income Tax Liabilities By Private Agreements: Delhi High Court [Read Judgment] Private Parties can’t apportion Income Tax Liabilities By Private Agreements: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/09/Private-Parties-Income-Tax-Liabilities-Private-Agreements-Delhi-High-Court-Taxscan.jpg)
![Liquidator does not have Income Tax Liabilities: NCLAT directs IT Dept to Refund erroneously collected TDS [Read Judgment] Liquidator does not have Income Tax Liabilities: NCLAT directs IT Dept to Refund erroneously collected TDS [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Liquidator-Income-Tax-Liabilities-NCLAT-IT-Dept-Refund-TDS-Taxscan-1.jpg)