Case Law Details
Case Name : Income Tax Officer Vs Adarsh Kapoor (ITAT Delhi)
Related Assessment Year : 2008- 09
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
the stand of the assessee has been that a sum of Rs. 12,00,000/- was given to the assessee company, consequent upon the Resolution passed by the Board of Directors of the said Company authorizing the assessee to invest on behalf of the company in units of M/s Reliance Equity Advantage Funds. This was due to the reasons that at that point of time the company did not meet the requirements of the Know Your Customer (KYC) Scheme (for Money Laundering Measures) and also did not have a PAN Card which was mandatory for the purpose of applying of units of Mutual Funds
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.