Monday, December 17, 2018

SEBI amends regulations for Mutual Funds

The Market Regulator, SEBI has notified the Securities and Exchange Board of India (Mutual Funds) (Fourth Amendment) Regulations, 2018 wherein new proviso has

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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...