Saturday, March 27, 2021

Application for release of attached properties of corporate debtor rejected for non-joinder of parties

IBC : Where application was filed for release of properties of corporate debtor attached under PMLA on ground of introduction of section 32A, but corporate debtor and liquidator were not made party to proceedings, application was to rejected on ground of non-joinder of necessary party

from www.taxmann.com Latest Case Laws https://ift.tt/3rsOT3s

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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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