Case Law Details
Case Name : Vaani Estates Private Limited Vs Additional/Joint/Deputy/ACIT/ITO (Madras High Court)
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Courts :
All High Courts Madras High Court
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Vaani Estates Private Limited Vs Additional / Joint / Deputy / ACIT / ITO (Madras High Court)
Madras High Court held that any order contrary / disregarding the direction of this Court cannot be sustained as it renders the order bad for want of jurisdiction. Thus, order set aside and writ petition disposed of.
Facts- The Company was initially formed by Mr. B.G. Raghupathy and his wife Sasikala Ragupathy, each holding 5000 shares. Upon the death of Mr. B. G. Raghupathy, his shares devolved on his daughter Mrs. Vaani Raghupathy. In order to purchase a property
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