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![Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-court-directs-AO-determine-borrowed-funds-advancing-loans-Subsidiary-Company-Surplus-Funds-Company-Taxscan.jpeg "Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]")
Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]
The Madras High Court directed the Assessing Officer to determine whether borrowed funds used for advancing loans to Subsidiary Company or Surplus...
![Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-Court-recovery-notice-demand-notice-violation-judgment-Apex-Court-Taxscan.jpg "Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]")
![AO may call for objection in respect of ‘Input Tax Credit on reversal on Wastage’ and ‘Ineligible claim of ITC on Goods’: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/AO-Madras-High-Court-Taxscan.jpg "AO may call for objection in respect of ‘Input Tax Credit on reversal on Wastage’ and ‘Ineligible claim of ITC on Goods’: Madras HC [Read Order]")
![Madras HC directs E-Ship Global Logistics to release/handover the Bill of Lading to the petitioner [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/E-Ship-Global-Logistics-Taxscan.jpg "Madras HC directs E-Ship Global Logistics to release/handover the Bill of Lading to the petitioner [Read Order]")