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1 result for “disallowance”+ Section 9clear

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M/S MANGALORE GANESH BEEDI WORKS vs. COMMISSIONER OF INCOME TAX, MYSORE

The appeals are disposed of in the above terms

C.A. No.-010547-010548 - 2011Supreme Court15 Oct 2015
Section 35ASection 37

9. Pursuant to the order passed by the High Court on 14th June, 1991 an auction was conducted in which three of the erstwhile partners forming an association of persons (hereinafter referred to as ‘AOP-3’) emerged as the highest bidders and their bid of Rs.92 crores for the assets 3 Page 4 JUDGMENT of MGBW was accepted