Friday, September 13, 2019

Tribunal appoints administrator to set things straight after series of serious acts of mismanagement by directors

COMPANY LAW: Where there were series of serious acts and counter-acts in which appellant and respondent directors both were guilty of mismanagement, administrator was to be appointed so as to set things straight

from www.taxmann.com Latest Case Laws https://ift.tt/31jnpkn

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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...