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S. 37(1) Settlement Charges Paid to SEBI for Violation of SEBI Provisions allowable
Case Law Details
- Case Name
- DCIT Vs Shri Anil Dhirajlal Ambani (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2011-12
- Courts
- All ITAT, ITAT Mumbai
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DCIT Vs Shri Anil Dhirajlal Ambani (ITAT Mumbai)
Facts in brief are that the assessee is an individual having proprietorship concerns namely M/s. Indian Renewable Energy Foundation and M/s. Shri. Anil Dhirajlal Ambani. The assessee has filed his return of income for the year under consideration on 28/9/2011 declaring total loss at Rs. 43,22,11,483/-. The Return of Income was processed under section 143(1) and notice under section 143(2) of the Act was issued and duly served on the assessee. Thereafter, case was selected for scrutiny. During the course of assessment proceedings...





