Thursday, September 30, 2021

Writ filed to recall amalgamation order dismissed as petitioner wasn’t aggrieved and was indulged in forum shopping

COMPANY LAW : Where applicant filed PIL and writ petition to recall order for amalgamation of respondent company on ground of fraud and collusions in view of fact that on same core issue applicant had also filed complaints before various forums, wherein, said complaints were dismissed as applicant was not an aggrieved person and that applicant had unconditionally withdrawn PIL, it could be said that applicant was indulged in forum shopping and thus,

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000314643/writ-filed-to-recall-amalgamation-order-dismissed-as-petitioner-wasn’t-aggrieved-and-was-indulged-in-forum-shopping.aspx

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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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