M/S. Mangatram Arora Finance Ltd., ... vs Dcit Cent. Cir. - 43, Mumbai on 15 March
well known in the trade, in the form of' parallel
economy for illegal activities. This seam was going on in the market
which is well known in the trade, in the form of parallel
economy/ for illegal activities. This scam was going on in the market
certain incidental expenses in running such a business of
supporting parallel economy, A.O has come to a reasonable
conclusion by arriving at the commission
well known that Indian Economy is plagued with a monstrous parallel
economy and nefarious money laundering activities which is eating
into economic fabric of India
convert black money and/or evasion of taxes is rampant in Indian
Economy which is destroying the economic fabric of the country by creating ... 3653/Mum/2016 to
ITA No. 3655/Mum/2016
parallel economy . Several laudable measures are taken by Government of
India to curb this menace which
which is well known in the trade,
in the form of parallel economy/ for illegal activities. This seam was
going on in the market
again, Government has made attempts to garner unaccounted resources from the parallel economy through voluntary disclosure schemes. By and large such schemes have been
again, Government has made attempts to garner unaccounted resources from the parallel economy through voluntary disclosure schemes, By and large such schemes have been
destroying the economic fabric of the country by creating a parallel economy .
Several laudable measures are taken by Government of India to curb this menace