Two years ago Panama Papers lifted the veil on the shady world of tax havens and offshore companies. This leak had brought about great embarrassment to many famous personalities, politicians, businessmen, leading actors and many celebrities around the world. This time surfacing of fresh leaks of Panama Papers not only reveals the new names but it also confirms the existence of several clients who had earlier denied any link such dealings.
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT
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2018 Witnesses Highest FPI Registrations in Four Years from taxmann.com News http://bit.ly/2V8m1i1
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