Bmo Trust Company v. Ranjan Kumar
Case brief
What is this about?
A contempt petition alleging non-compliance with an earlier court order directing remittance of funds abroad was resolved after it emerged the petitioner first had to file Income-Tax compliance Forms 145 and 146. With the bank undertaking assistance and possible RBI liaison arranged, the petition was disposed of.
What did the court decide?
Petition disposed of on agreed terms: petitioner to file Forms 145/146 with IT Department; SBI to assist with remittance and liaise with RBI; IT Department requested to cooperate.