cause of action

harvinder (Querist) 26 December 2010 This query is : Resolved
please help!!

question is :
1. whether statement in one's income tax returns as to debt liability towards say "mr.x" is acknowledgement of debt to "x".
2.If Q1IS ANSWERED in affirmative whether this mere acknowledgement in tax returns affords "x" cause of action to file suit for recovery or is the plaint liable to be rejected under order 7 rule 11 for not revealing cause of action.

If answers could be supported with rlevant authorities , prefreably sc, then even better .

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