Tuesday, November 23, 2021

Creditors were responsible to get fair value on sale for collateral mortgaged by borrowers to recover overdue: HC

FEMA amp; BANKING : When collateral and securities were provided by borrowers, which would be available to creditors for sale to recover outstanding dues, creditors had responsibility to get a fair value for said collateral/security/immovable property

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

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...