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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Indra Vikas Patra – As IVPs assessed in the hands of company ...


Assessing Indra Vikas Patra in Company vs. Individual Hands: Directors Can Hold Bearer Instruments Personally.

September 18, 2012

Case Laws     Income Tax     AT

Indra Vikas Patra – As IVPs assessed in the hands of company then how these IVPs can assess in the hands of assessee. - And there was nothing wrong to keep IVPs which are bearer in nature in the personal locker of directors. - AT

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