Merely because directors of two companies were common not mean that deposits received was bogus and companies were shell companies…
Meager or nil income of the lender no reason to make addition u/s 68 as bogus enty. Income may be…
Verification of cash deposits/withdrawals from bank accounts of struck-off companies particularly during demonetisation-CBDT Instruction Lately, the Registrar of Companies (RoCs),…
Task Force on Shell Companies has developed a a database of 3 lists, the Confirmed List, Derived List and Suspect…
SEBI suspends trading of securities in 331 shell companies. Trading permitted only on 1st Monday of month. Download Complete list…
Task Force on Shell Companies for effectively tackling malpractices. Brief highlights of actions taken against shell companies in recent past …
Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion for unearthing black money post demonetization…