Saturday, May 25, 2019

No act of oppression if shares were transferred as per duly convened meeting and shareholder didn't raise objection

CL: Where appellant and R2 were only shareholders and directors of company and they admittedly participated in board meeting where appellant did not raise any objection on transfer of R2's shares to R3, same would not constitute oppression against appellant

from www.taxmann.com Latest Case Laws http://bit.ly/30IZESX

No comments:

Post a Comment

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...