M/S PANCHSHEEL TEXTILE MANFAC. & TRAD. vs. C I T AND ANR.
ITA/109/2007HC Punjab & Haryana13 May 2025
Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE SUDEEPTI SHARMA
24.
Fur
different compa
to be trading in
amount of intere
of such shares w
borrowed for th
concerned, the
that shares of M
some of the s
(O&M) and other connected ca
M/s Vardhman Polytex Ltd. we
. Assessing Officer disallowed th
shares of M/s Vardhman Polyte
at all shares of M/s Vardhman
any belong to its group compani