Ms. Sunitadevi Sajjan Nanwal

SAT-appeal

• Executing synchronized and reversal trades in Kavveri Telecom Products Ltd. with connected group entities, creating artificial volume and contributing to price rise.
  Appeals allowed. · Impugned AO orders set aside.
  Appeal: Appeal Nos. 414, 415, 416, 428, 429, 430 and 431 of 2018, and 200 and 309 of 2019, decided together on 19 February 2020; appeals allowed and matters remitted.
• Executing synchronized and reversal trades with connected group entities in Kavveri Telecom Products Ltd., creating artificial volume and contributing to price rise.
  Appeals allowed. · Impugned AO orders set aside.
  Appeal: Appeal Nos. 414, 415, 416, 428, 429, 430 and 431 of 2018 and 200 and 309 of 2019 allowed and remitted by SAT on 19 February 2020.
• Executed synchronized and reversal trades as connected group creating artificial volume and price rise in Kavveri Telecom scrip.
  Appeals allowed; AO orders dated June 29, 2018 set aside · Matters remitted to AO for fresh decision after supplying trade logs, order logs, investigation report
  Appeal: Appeal Nos. 414, 415, 416, 428, 429, 430, 431 of 2018 and 200 of 2019 and 309 of 2019 allowed and remanded vide decision dated 19.02.2020
• Executing synchronized and reversal trades in Kavveri Telecom Products Ltd scrip to create artificial volume and price rise
  Appeals allowed on short ground of violation of principles of natural justice · AO orders dated June 29, 2018 set aside
  Appeal: Appeal Nos. 414,415,416,428,429,430 of 2018 and 200,309 of 2019 allowed and remanded vide SAT decision dated 19.02.2020
• Executing synchronized and reversal trades with connected group entities, creating artificial volume and contributing to price rise in Kavveri Telecom Products Ltd. scrip.
  Appeals allowed. · Impugned AO orders set aside.
  Appeal: Appeal Nos. 414, 415, 416, 428, 429, 430 and 431 of 2018, and 200 and 309 of 2019, disposed of by common SAT order dated 19 February 2020; matters remitted to AO.