Aditya Yogeshbhai Patel

SAT-appeal

• Failure to make timely disclosures to Kanel Oil and Exports Industries Ltd. regarding shareholdings upon appointment as Additional Directors, in violation of Regulation 13(2) of the PIT Regulations, 1992.
  Appeal No. 356 of 2014 dismissed · Appeal No. 357 of 2014 dismissed
  Appeal: Appeal Nos. 356 and 357 of 2014, decided and dismissed by SAT on 20 February 2015; challenged common AO order dated 22 July 2014.
• Failure to disclose shareholding to company on appointment as Additional Directors within time under Reg 13(2) PIT 1992, delay over 6 months.
  Appeals No. 356 and 357 of 2014 dismissed with no order as to costs · Penalty of Rs 5 lakh on each appellant upheld
  Appeal: Appeal Nos. 356 and 357 of 2014 dismissed on 20.02.2015