Tuesday, February 5, 2019

SetCom application not allowable as assessee clubbed diff. shareholdings to demonstrate substantial interest;

IT: For purpose of filing settlement application in case of company, clubbing of shareholding of shareholders to make collective shareholding of 20 per cent is not permissible to determine their substantial interest in company so as to admit settlement application

from www.taxmann.com Latest Case Laws http://bit.ly/2DSvK5b
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