Wednesday, November 6, 2019

Provision of S. 241 can't be invoked to settle disputes of producer-co.; disputes to be resolved through arbitration

COMPANY LAW: Provisions of section 241 cannot be invoked for settlement of disputes regarding oppression and mismanagement of producer company and such disputes are to be resolved through conciliation or arbitration

from www.taxmann.com Latest Case Laws https://ift.tt/32lcir5

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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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