Special Court Hears Application for Scaling Down Income Tax Demands in Securities Transactions Case — Applicant Bank Claims Tax Liability Should Be Reduced Due to Non-Delivery of Securities and Consent Decrees. The Application Highlights Erroneous Assumptions in Assessment Orders and Seeks Priority for Decretal Dues Under Section 11(2) of Special Court Act, 1992.
6 Sep 2019The Miscellaneous Application was filed by Canbank Financial Services Ltd., a notified party, seeking scaling down of the income tax demands raised by...
