Thursday, November 22, 2018

RBI updates master direction for primary dealers

The Reserve Bank of India (RBI) had issued number of guidelines/instructions to the Primary Dealer with respect to their Operations. In this master direction, all the circular, guidelines, instructions have been updated

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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...