IT: Where two partners of assessee-firm had contributed a property to assessee-firm and, later on, said partners had retired from firm and relinquished all rights and interest in property in favour of continuing partners, capital gains on sale of said property was to be taxed in hands of assessee-firm and not in hands of retired partners
from www.taxmann.com Latest Case Laws http://bit.ly/2FeqgCW
Tuesday, January 8, 2019
Monday, January 7, 2019
NCLAT orders removal of statutory auditor for issuing fake audit certificate of company
CL : Where family members of statutory auditor i.e., respondent No.1 were shareholders of respondent No.2 company and respondent No. 1 had issued audit certificate of company even without examining any Books of Account of company which was clear cut violation of statutory provision of Section 141(3)(d),respondent No. 1 would immediately cease to function as statutory auditor of respondent No. 2 company and MCA was permitted to appoint an independent auditor for respondent No 2 company to replace
from www.taxmann.com Latest Case Laws http://bit.ly/2Tw423m
from www.taxmann.com Latest Case Laws http://bit.ly/2Tw423m
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