Saturday, October 17, 2020

HC upholds RoC’s decision to include director in defaulters’ list; refers division bench for conflicting views

COMPANY LAW : Where defaulting company was in default in filing annual returns for continuous three financial years commencing from 1-4-2014 till 31-3-2017 and petitioner-director assailed action of Registrar of Companies in including petitioner in list of Directors of Companies who had defaulted in filing Annual Returns, it was held that petitioner stood disqualified to be a director by operation of provisions of Section 164(2)(a) for failure of defaulting company to file financial statements a

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000196446/hc-upholds-roc’s-decision-to-include-director-in-defaulters’-list-refers-division-bench-for-conflicting-views.aspx

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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...