Saturday, January 16, 2021

Application seeking investigation u/s 213 to be dismissed without satisfaction of existence of circumstances

COMPANY LAW : Where appellant alleging fraudulent collusion on officer and employee of a Government company failed to bring material which could invoke satisfaction of existence of circumstances to initiate investigation under section 213, application filed by appellant was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/3oQccUl

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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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