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1 - 10 of 38 (0.38 seconds)Section 69C in The Income Tax Act, 1961 [Entire Act]
Section 15I in The Securities and Exchange Board of India Act, 1992 [Entire Act]
Section 69 in The Income Tax Act, 1961 [Entire Act]
Commissioner Of Income ... vs M/S Shyam Lal Panwar Anandi Devi on 2 January, 2018
6. We heard the rival submissions and considered the documents available in
the record. The reopening was initiated only on the basis of information from the
Investigation Department. The Directors of the company were duly verified by
the Revenue authority. The statements are recorded. But the assessee was not
able to get a link of those persons related to sale of shares. The Ld. AR submitted
all relevant documents, i.e. the register, bank statement, demat account, bill
copies before the authorities. But the veracity of the document has never been in
question. We respectfully relied on the order of Hon'ble Bombay High Court in
the case of Shyam R Pawar (supra) and Smt. Jamana Devi Agarwal (supra).