https://www.taxtmi.com/caselaws?id=289536 The case involved the assessment of a closely held company for the assessment year 2000-01, disallowance of expenditure under section 14A, genuineness of loans, and the validity of the assessment order after the company's name was struck off from the register of Registrar of Companies. The Tribunal allowed both appeals for statistical purposes and remanded the matter to the Assessing Officer to verify the company's existence at the time of assessment. If the company was found non-existent, the assessment order would be deemed null and void. en-us Mon, 18 Apr 2011 00:00:00 +0530 Wed, 05 Aug 2020 13:47:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289536 The case involved the assessment of a closely held company for the assessment year 2000-01, disallowance of expenditure under section 14A, genuineness of loans, and the validity of the assessment order after the company's name was struck off from the register of Registrar of Companies. The Tribunal allowed both appeals for statistical purposes and remanded the matter to the Assessing Officer to verify the company's existence at the time of assessment. If the company was found non-existent, the assessment order would be deemed null and void. Case-Laws Income Tax Mon, 18 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289536