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2020 (12) TMI 1353
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....bh Gupta, Co. Secy For the Respondent:-Mitika AROC For the intervener:-Zoheb Hossain, Sr. St. Counsel, Parth Semwal, Advocat for income tax department ORDER CS for the Appellant is present. Counsel for the Income tax Department is present. The AROC is present. The reports have been filed. It is submitted by the Company Secretary appearing for the Applicant that the Company, namely, SB ....
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....he Bank balance is Rs. 28,624/-. It is clearly admitted that there is no business activity of the Company under reference. From the submissions made by the Company Secretary for the Petitioner, it appears that the Company which was struck off on 30th June, 2017 is not engaged in any business right from the date of its incorporation and the Income tax Returns filed show losses as submitted by th....