Saturday, June 30, 2018

Vijay Mallya summoned by PMLA court under new Fugitive Ordinance

The Enforcement Directorate (ED) has issued summoned to the businessman, liquor tycoon Vijay Mallaya under the newly promulgated Fugitive Economic Offenders ordinance, 2018. This is the first case filed under the new ordinance and it allows to confiscate "all linked assets" of an absconding loan defaulter.

from taxmann.com News https://ift.tt/2Nb3QE8
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...