ITAT KOLKATA HOLDS S. 263 PROCEEDINGS VIS-A-VIS SHARE CAPITAL TO BE VALID

[subash agarwal,Adv kolkata]

ITAT KOLKATA BENCH ORDER HOLDING S. 263 PROCEEDINGS VIS-A-VIS SHARE CAPITAL TO BE VALID & CASTING STRONG ASPERSIONS ON INVESTMENT COS. DUBBING THEM A MEDIUM OF MONEY LAUNDERING

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[prashantmaharishi]

total modus operandi discussed in detail  in this case . Butr waht board has done to those officer who passed such orders u/s 147 of the act without even iota of examination of the capital infused.