P V Ravi Kumar

SAT-appeal

• Non-disclosure of acquisition and/or sale of shares ranging 64,120 to 4,51,750 shares in violation of PIT disclosure and SAST disclosure norms
  Appeal Nos. 166 to 174 of 2014 dismissed with no order as to costs · AO penalties upheld: Rs 10 lakh, Rs 5 lakh x5, Rs 4 lakh x2, Rs 3 lakh
• Non-disclosure of acquisition and/or sale of shares ranging 64,120 to 4,51,750 shares in Arunjoyti Enterprises Ltd violating PIT and SAST disclosure norms.
  All 9 appeals (Appeal Nos. 166 to 174 of 2014) dismissed with no order as to costs · Penalties imposed by AO vide impugned order dated 28 March 2014 confirmed
  Appeal: Appeal Nos. 166, 167, 168, 169, 170, 171, 172, 173, 174 of 2014 disposed/dismissed by common SAT order dated 30.07.2014
• Non-disclosure of acquisition and/or sale of 64,120 to 4,51,750 shares of Arunjoyti Enterprises Ltd in violation of PIT and SAST disclosure norms.
  All 9 appeals (166-174 of 2014) dismissed with no order as to costs · AO penalties of Rs 10 lakh, Rs 5 lakh, Rs 4 lakh and Rs 3 lakh upheld as neither discriminatory nor disproportionate
  Appeal: Appeal Nos. 166 to 174 of 2014 disposed on 30.07.2014 - all dismissed