Friday, September 24, 2021

Petition challenging 'Second Sale notice' was dismissed as guarantor had many opportunity to redeem mortgage

FEMA, BANKING amp; INSURANCE : Appellant stood as a guarantor in respect of loan taken by borrower company and mortgaged four properties - Due to non-payment of loan, bank took symbolic possession of mortgaged properties - Thereafter, auction sale notice was issued - Before DRT,

from www.taxmann.com Latest Case Laws https://ift.tt/3um0Z1v

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...