Thursday, October 1, 2020

Independent director not willful defaulter if alleged acts occurred without his consent and knowledge: HC

COMPANY LAW : In terms of section 149(12), an independent director shall be held responsible only in respect of such acts of commission or omission by a company which occurred with his knowledge, consent or connivance

from www.taxmann.com Latest Case Laws https://ift.tt/30pWtB3

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...