Wednesday, March 13, 2019

Investigation of petitioner’s shell company by SEBI without any notice was unjustified: HC

SEBI : A finding of shell company de hors any notice or hearing would not be justified having regard to its negative implications and serious consequences

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000187018/investigation-of-petitioner’s-shell-company-by-sebi-without-any-notice-was-unjustified-hc.aspx

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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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