[aaykarbhavan] S. 14A Disallowance Controversy Referred To Third Member

Dear Subscriber,

S. 14A Disallowance Controversy Referred To Third Member

The controversy over whether s. 14A can apply to a case where shares (and other securities) are held as stock-in-trade (and not as investment) has been referred to a Third Member. The matter is posted for hearing on Friday, 13th September 2013. Hon'ble U. B. S. Bedi, Judicial Member, is the Third Member.

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Regards,

 

Editor,

 

itatonline.org

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