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Sham Mohan Pvt. Ltd., New Delhi vs Assessee on 4 March, 2010 cites

Commissioner Of Income-Tax Bombay ... vs Hindustan Export & Import Corporation ... on 24 April, 1980

In the case of Lovely Exports Pvt. Ltd. (supra), the Hon'ble Supreme Court has observed that, even if the share capital money is received by the assessee from alleged bogus shareholders, whose names are given to the AO, then the department is free to proceed to reopen their individual assessments in accordance with law, but it cannot be regarded as undisclosed income of the assessee company.
Bombay High Court Cites 16 - Cited by 62 - P B Sawant - Full Document

K.K. Modi vs K.N. Modi & Ors on 4 February, 1998

11. Consequently, we are of the view that the present appeals amount to relitigation. The Supreme Court in K.K. Modi Vs. K.N. Modi and Ors., (1998) 3 SCC 573 has held, "It is an abuse of the process of the court and contrary to justice and public policy for a party to relitigate the same issue which has already been tried and decided earlier against him. The reagitation may or may not be barred as res judicata. But if the same issue is sought to be reagitated, it also amounts to an abuse of the process of the court...".
Supreme Court of India Cites 14 - Cited by 573 - S V Manohar - Full Document
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