Supreme Court: Uncrystallized Contractual Damages Not an Operational Debt under Section 9 IBC  ||  Supreme Court: Interest Accrued in Suspense Account After NPA Classification is Recoverable as Debt  ||  Supreme Court: S.69 GST Arrest Order with “Reasons to Believe” Must Precede Arrest  ||  Supreme Court: Winding-Up Proceedings Period Cannot be Excluded under Section 14 Limitation Act  ||  Supreme Court: Separate Appeals Unnecessary Against Common Judgment on Suit and Counterclaim  ||  Supreme Court: Unsuccessful Party Can Seek Post-Award Section 9 Relief in Exceptional Cases  ||  Delhi HC Rejects Black Money Act Challenge, Imposes Rs. 60,000 Costs over Prosecution Avoidance  ||  Delhi HC Affirms Teacher's POCSO Conviction, Urges Schools to Encourage Children to Speak Up  ||  Kerala HC: NGO Funding Peaceful Protests Can't Justify FCRA Renewal Denial  ||  Delhi HC: Courts Cannot Judge Sufficiency of Material For Issuing Look Out Circular    

ITAT, Delhi Upholds Order Against Gandhi Family on Commercial Immovable Property - (06 Apr 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal, Delhi has upheld the case against the Gandhi family in relation with commercial immovable properties worth more than Rs 800 crore by incorporating Young Indian having a share capital of Rs 5 lakh and by taking hawala entry of Rs 1 crore.

Tags : INCOME TAX APPELLATE TRIBUNAL   GANDHI FAMILY   COMMERCIAL IMMOVABLE PROPERTIES   RS 800 CRORE   YOUNG INDIAN   SHARE CAPITAL OF RS 5 LAKH   HAWALA ENTRY   RS 1 CRORE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved