Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Oppression and Mismanagement - POA in favour of the Bank to sell, transfer, assign, handover possession etc. to the property but Bank was unable to locate a best buyer - then Board Resolution was passed that if the guarantor repays the loan amount, the property and legal rights of company should be transferred to the guarantor - No offer was made by the appellant for purchase of property, earlier and subsequent offer would be of no use.
Oppression and Mismanagement - POA in favour of the Bank to sell, transfer, assign, handover possession etc. to the property but Bank was unable to locate a best buyer - then Board Resolution was passed that if the guarantor repays the loan amount, the property and legal rights of company should be transferred to the guarantor - No offer was made by the appellant for purchase of property, earlier and subsequent offer would be of no use.
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