Wednesday, October 6, 2021

Deputy RoC’s complaint against petitioner quashed as a plea for violating sec. 165 was already filed for compounding

COMPANY LAW : Where Registrar of Companies, had filed a complaint before competent Court against petitioner alleging violation of section 165 on ground that he was a director of more than 20 companies and said complaint was filed without considering fact that petitioner had already filed an application for compounding of alleged offence, complaint filed by Registrar was not sustainable and was to be quashed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000316598/deputy-roc’s-complaint-against-petitioner-quashed-as-a-plea-for-violating-sec-165-was-already-filed-for-compounding.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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