Legal Expenses to defend the Director Not allowed : HC
The complaints have been filed so as to settle personal scores between the parties. It thus noticed that the appellant company was no way involved in the legal proceedings taken against the Directors/Shareholders in their individual capacities. HIGH COURT OF BOMBAY National Refinery (P.) Ltd. v. Assistant Commissioner of Income-tax M.S. SANKLECHA AND NITIN JAMDAR, JJ. IT… Read More »