Tag: shell companies
Meager or nil income of the lender no reason to make addition u/s 68 as bogus enty. Income may be a good reason for examining source but certainly not conclusive. ABCAUS Case Law Citation: ABCAUS 2963 (2019) (05) ITAT In the instant appeal filed by the Revenue before …
Verification of cash deposits/withdrawals from bank accounts of struck-off companies particularly during demonetisation-CBDT Instruction Lately, the Registrar of Companies (RoCs), all over the country, took action against a number of companies under section 248(5) of the Companies Act, 2013 by removing their names from the Register of Companies. …
Task Force on Shell Companies has developed a a database of 3 lists, the Confirmed List, Derived List and Suspect List all containing 113946 companies Task Force on Shell Companies takes pro-active and coordinated steps to check the menace of shell companies • Compilation of a database of …
SEBI suspends trading of securities in 331 shell companies. Trading permitted only on 1st Monday of month. Download Complete list of 331 shell companies SEBI in its communication dated 7th August, 2017 has forwarded a database of 331 shell companies to all Stock Exchanges (i.e. BSE, NSE, MSE …
Task Force on Shell Companies for effectively tackling malpractices. Brief highlights of actions taken against shell companies in recent past Press Information Bureau Government of India Ministry of Finance 28-July-2017 15:40 IST ‘Task Force on Shell Companies’ for effectively tackling the malpractices A ‘Task Force on Shell Companies’ …
Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion for unearthing black money post demonetization Ministry of Finance Press Release Dated: 10-02-2017 Harsh punitive actions to be taken against the deviant Shell Companies including freezing of Bank Accounts, striking off the names of …
