MCA notifies Special Courts in Maharashtra, West Bengal & Tamil Nadu for trial of offences for cases filed by SEBI
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 27th November, 2020
S.O. 4283(E).—In exercise of the powers conferred by sub-section (1) of section 435 of the Companies Act, 2013 (18 of 2013), the Central Government hereby designates the following Courts mentioned in the Table below as Special Courts in the States of Maharashtra, West Bengal and Tamil Nadu for the purposes of trial of offences under this Act, in respect of cases filed by the Securities and Exchange Board of India, namely:—
TABLE
| Sl. No. | Court |
| (1) | (2) |
| 1 | Court number 22, City Civil and Sessions Court, Mumbai |
| 2 | Court number 39, City Civil and Sessions Court, Greater Mumbai |
| 3 | 5th Special Court, Calcutta |
| 4 | Principal Judge, City Civil Court, Chennai |
[F. No. 01/12/2009-CL-I (Vol.IV)]
K.V. R. MURTY, Jt. Secy.
- Prior period income cannot be considered as income of the current year
- SC condoned delay of 972 days in filing appeal due to restructuring in Department
- No addition on mere valuation report when stamp duty valuation is available
- ITAT deleted penalty for making a wrong claim of deduction u/s 54F/54B
- Value of taxable supply and rates notified Pan Masala / tobacco products
