Taxcharcha
Income TaxRecent Case Laws

When the assessee company stands dissolved as defunct company u/s 560(5) of the Companies Act, 1956 (section 248(2) of the Companies Act, 2013) that doesn’t mean that income tax proceedings and appeals become infructuous. – Supreme Court of India

BHARTI AIRTEL LIMITED W.P.(C) 6345/2018, CM APPL. 45505/2019

 

 

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/Defunct-Company-1.odt” comments=”true” SVG=”true”]

To download, High Court of Rajasthan at Jaipur- Gopal Shri Scrips Pvt Ltd.

Supreme Court of India _ Gopal Shri Scrips Pvt Ltd.

Related posts

That the return of notices issued under Section 133(6) unserved by the postal authorities is not sufficient to reach to the conclusion that sales to those parties are not genuine where the assesse has provided all the documentary evidence to prove genuineness of the sales. Further, disallowance on the ground of non-genuine sales cannot be a basis for addition u/s 68 of the Income Tax Act, 1961 – ITAT Delhi

Team Taxcharcha

Karnataka AAR – Anil Kumar Agrawal – Executive Director Salary exempt from GST

Team Taxcharcha

Where assessment is framed without reference to any incriminating document or material found during search, the assessment is academic in nature- ITAT Delhi

Team Taxcharcha