management and persons dealing with the company are deemed to have constructive knowledge of the provisions of memorandum of association and articles of association ... While the persons dealing with the company are deemed to have constructive knowledge of the provisions of the memorandum and articles of association
Saraswathy should be presumed to have direct knowledge, or at least constructive knowledge of the value of stock not being accounted for by the company
only in cash to the builder M/s. Royal
Homes Constructions.
However, it is to submit that when both of the parties were
asked ... Lakhs) only in cash to M/s. Royal Home
Constructions.
To the best of my knowledge I have not executed two
documents/agreements
lack of knowledge of the accountants.
Similarly, in respect of other transactions, TDS is not deducted,
due to lack of knowledge of the accountants working ... lack of knowledge of
36
ITA Nos.129/Hyd/2020 & 1886/Hyd/2019
IL & FS Engineering & Constructions Co.Ltd.
the accountants
lack of knowledge of the accountants.
Similarly, in respect of other transactions, TDS is not deducted,
due to lack of knowledge of the accountants working ... lack of knowledge of
36
ITA Nos.129/Hyd/2020 & 1886/Hyd/2019
IL & FS Engineering & Constructions Co.Ltd.
the accountants
could have
constructed the house and not that the construction should have
necessarily been completed. Noticing that it was not easy to construct a
house ... still holds good. This is a
matter of common knowledge that flats or apartments being constructed
by builders take time. The Government Housing Boards also
could
have constructed the house and not that the construction should have
necessarily been completed. Noticing that it was not easy to construct
a house ... still holds good.
This is a matter of common knowledge that flats or apartments being
constructed by builders take time. The Government Housing Boards
also
could
have constructed the house and not that the construction should have
necessarily been completed. Noticing that it was not easy to construct
a house ... still holds good.
This is a matter of common knowledge that flats or apartments being
constructed by builders take time. The Government Housing Boards
also
pass. They did not have the knowledge
about such statutory requirements, simply they purchased and
constructed the house and did not collect & maintain
capital gains
amounting to Rs.6 crore. Firstly, it was in the knowledge of
the appellant that the house would be incomplete and that
incomplete ... probability that the appellant would have no
knowledge about the extent to which his house had been
constructed and the amount of money which
