Search Results for Tag : Balance Sheets
News
SC: Entries in Balance Sheets Can Amount to Acknowledgement of Debt(16.04.2021)
Supreme Court has held that entries in balance sheets can amount to acknowledgement of debt for the purpose of extending limitation under Section 18 o.....
Tags : Supreme Court, Entries in Balance Sheets
ITAT, Delhi: Unsigned Balance Sheets Not Admissible as Evidence(02.03.2020)
Income Tax Appellate Tribunal (ITAT), Delhi has held that the unsigned balance sheets by Auditor or the Director of Company cannot be treated as relia.....
Tags : Income Tax Appellate Tribunal, Unsigned Balance Sheets
Judgments
Balance Sheets entries can amount to acknowledgement of debt for purpose of extending limitation(15.04.2021)
In present matter, Corporate Power Ltd. ["the corporate debtor"] set up a thermal power project in Jharkhand, and for so doing, availed of loan facili.....
Tags : Balance Sheets, Entries, Provision, Applicability