Friday, August 3, 2018

MCA ordered inquiry in 87 real estate companies in 2017-2018

Till now, the MCA has ordered inquiry in 87 companies, inspection of books and papers in 17 companies and investigation in 7 cases involving 149 entities including LLPs engaged in real estate activities.

from taxmann.com News https://ift.tt/2O2GOPq

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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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