Tuesday, July 17, 2018

SEBI seeks public comments on amending norms for fiduciaries

SEBI has come out with a consultation paper on proposed amendment in various regulations governing entities who undertake third party fiduciary duties/ assignments/ engagements under the securities laws, in respect of any issuer, pooled investment vehicle, restructuring, intermediaries, market infrastructure entities or investors in the securities

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...