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![Specific Averments Sufficient to Attract Vicarious Liability of Directors under NI Act: Delhi HC Refuses to Quash Cheque Dishonour in FIITJEE Loan Dispute [Read Order] Specific Averments Sufficient to Attract Vicarious Liability of Directors under NI Act: Delhi HC Refuses to Quash Cheque Dishonour in FIITJEE Loan Dispute [Read Order]](https://images.taxscan.in/h-upload/2025/12/12/500x300_2111638-specific-averments-sufficient-attract-vicarious-liability-directors-ni-act-delhi-hc-refuses-quash-cheque-dishonour-fiitjee-loan-dispute-taxscan.webp)
Specific Averments Sufficient to Attract Vicarious Liability of Directors under NI Act: Delhi HC Refuses to Quash Cheque Dishonour in FIITJEE Loan Dispute [Read Order]
The Delhi High Court has refused to quash criminal proceedings under Section 138 ofthe Negotiable Instruments Act, 1881, against the directors of...



![Waiver of Cash Loan by Holding Company Not Taxable as Business Income u/s 28(iv) of Income Tax Act: ITAT [Read Order] Waiver of Cash Loan by Holding Company Not Taxable as Business Income u/s 28(iv) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Waiver-Cash-Loan-Holding-Company-Taxable-Business-Income-Income-Income-Tax-Act-Income-Tax-ITAT-Taxscan.jpg)
![Capital Gain Deduction allowable for Eight Flats received under Joint Venture Agreement: ITAT [Read Order] Capital Gain Deduction allowable for Eight Flats received under Joint Venture Agreement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Capital-Gain-Deduction-Flats-Joint-Venture-Agreement-ITAT-Taxscan.jpg)