Friday, September 6, 2019

No anticipatory bail to P. Chidambaram for irregularities in FDI clearances: Apex Court

COMPANY LAW: Where appellant's (P. Chidambaram) plea for anticipating bail was rejected by HC by impugned order due to alleged irregularities in Foreign Investment Promotion Board (FIPB) clearance given by appellant who was Finance Minister at relevant time to INX Media for receiving foreign investment to tune of Rs. 305 crores against approved inflow of Rs. 4.62 crores, it was held that having regard to nature of allegations and state of investigation,

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

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...