Regarding cheque bounce


I have given 12 lakhs to a person and took cheque as well as promisory note for that. out of the 12 lakhs I gave 4 lakhs through online banking transfer and rest 8 lakhs as cash.

is this fine to file cheque bounce case ? will my case stand or anyone will ask why is that I gave 8 lakhs as cash and what's the proof for that ?

kindly help me with this.

 
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What is party saying? How much is the cheque value? Did you collect letter from bank?

 
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hi party is teasing me by not lifting Calls. cheque given to me is for 12 lakhs. kindly let me know the above doubts clarification.kindly. will my case stand gave 4 laks through online transfer and 8 laks cash. cheque and promisory note are for 12 lakhs.
 
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Before taking action against the defaulter, make sure that you have submitted the ITR correctly mentioning about those 12 lakhs.
 
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U go and file cheque bounce case .don't think about result. U have lost 12lakh rs.only posted mortem proceedings will be done in court.u have any fate in Ur fore head u get money.if Ur Naseeb is bad u lose money. One satisfaction will be their.i e. I have taught him a lesson.
 
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om prakash sir every year I m filing ITR returns for 5-6 lakhs based on my income. is it fine
 
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LAWYER

You siad that you have a promissory note there must be detail of money you paid to borrower and if so then that is proof of tranasction  ;You proceed with 138 NIA  and also you can file a suit under Order 37 CPC ,that is speedy but you have to pay the court fee. 

 
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Did you pay those 12 lakhs within a year or in two parts in different financial years? And did you pay the income tax in excess to your yearly income/earnings?
 
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Retired employee.

Once you entrust this to Advocate, he will guide you on each point, as to establish a financial transaction over Rs.50,000/- must be supported by a crossed cheque while making payments to others.  There is no other alternative for you to recover in other ways then filing a cheque bounce case after issuing such notice.  You should be very careful while issuing such notice . 

 
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Bilal u Gani sir sections you mentioned are for cheque bounce case or promisory note case or both.
 
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