Tuesday, July 3, 2018

Shareholder of amalgamating co. couldn't participate in meeting when his holding was dispute

CL: Where shareholding of core-promoter and largest shareholder of amalgamating company was in legal battle, it could not participate in shareholders' meeting to consider proposed scheme of amalgamation

from www.taxmann.com Latest Case Laws https://ift.tt/2z3WFL3

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

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