Tuesday, June 23, 2009 |
1. TDI MARKETING PVT. LTD. (Delhi HC) If the shareholders have appeared and confirmed having entered into transaction, in absence of any contrary material, the Assessing Officer could not merely on presumption treat the share capital as unexplained cash credit.
2. SURAJMAL MEMORIAL EDUCATION SOCIETY (Delhi HC) DHC rejects assessee’s writ petition and affirms rejection of registration application by DGIT (exemption) u/s 10(23C).
3. TANEJA MINES (Delhi HC) If there is any material collected by the Assessing Officer pertaining to the exact turnover that would be sufficient reason to make a best judgment assessment.
NOTE :Last date for submission hard copy of declaration of MEF for the year 2009-2010 to The Director, PD Directorate, ICAI, New Delhi - 110002 is 30-06-2009.
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