Inventure Growth & Securities Ltd., Nagji K. Rita, Virendra D. Singh
Penalties and directions recorded
- AO penalty order dated 30.10.2019 quashed
- Matters remitted to AO to decide afresh in light of SAT order dated 10.10.2019
- All appeals allowed and AO penalty order quashed
- Matters remitted to AO to decide afresh in light of SAT order dated October 10, 2019
SAT-appeal
- Same violation as WTM proceedings; AO charges and findings virtually identical to WTM findings, partly set aside by SAT, specifics not reproducedAO penalty order dated 30.10.2019 quashed · Appeal Nos. 434, 558, 572, 573, 574, 575 of 2019 allowedAppeal: Appeal Nos. 434, 558, 572-575 of 2019 allowed on 26.02.2020; AO order quashed and remanded
- Same charges as in WTM order; AO findings virtually identical to WTM findings (specific violation not restated in order).All appeals allowed and AO penalty order quashed · Matters remitted to AO to decide afresh in light of SAT order dated October 10, 2019Appeal: Appeal Nos. 434, 558, 572, 573, 574, 575 of 2019 allowed on 26.02.2020 and remitted to AO
Source: SecMarx — Inventure Growth & Securities Ltd., Nagji K. Rita, Virendra D. Singh. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.