Thursday, January 17, 2019

Norms for investment and disclosure by mutual funds in derivatives: SEBI

The market regulator, SEBI has issued norms for investment and disclosure by mutual funds in derivatives wherein provision related to writing of covered call options by Mutual fund schemes has been discussed.

from taxmann.com News http://bit.ly/2VVVpRE

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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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