Monday, March 9, 2020

Re-agitation of same issue before two different forums is not permissible under law

COMPANY LAW : Where petitioner and respondents were shareholders of company and petitioner filed writ petition to have proportionate representation in board of directors of company on ground that respondents were trying to disposses controlling stake held by petitioner, in view of fact that in respect to very same matter petition was pending before Tribunal, instant writ was to be rejected

from www.taxmann.com Latest Case Laws https://ift.tt/332yEPP

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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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