Case Law Details
Case Name : I.T.O Ward 29(4), Kolkata Vs Shri Piyush Jalan (ITAT Kolkata)
Appeal Number : I.T.A No. 215/Kol/2013
Date of Judgement/Order : 2006-07
Related Assessment Year : 07/09/2015
Courts :
All ITAT ITAT Kolkata
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Brief of the Case
ITAT Kolkata has held in the case ITO Vs. Piyush Jalan that where lending of money is substantial part of the business of the concerned company and any advance or loan is made by it to a shareholder in the ordinary course of its business, t
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