Section 14A Disallowance Controversy Referred To Third Member

 

Dear Subscriber,

S. 14A Disallowance Controversy Referred To Third Member

The controversy over whether s. 14A can apply to a case where shares (and other securities) are held as stock-in-trade (and not as investment) has been referred to a Third Member. The matter is posted for hearing on Friday, 13th September 2013. Hon'ble U. B. S. Bedi, Judicial Member, is the Third Member.

(Click Here To Read More)

 

Regards,

 

Editor,

 

itatonline.org

---------------------

Latest:

CBDT Instruction On Procedure For Adjustment Of Refund Against Demand