Friday, March 8, 2019

Suspension of trading membership for 5 days was excessive and unwarranted: SEBI

SEBI: Where appellant was a member of NSE and it failed to abide by Code of Conduct for trading members, since it was its first violation and there was no finding that said violation had high impact, imposition of suspension of trading membership for 5 days was excessive and unwarranted

from www.taxmann.com Latest Case Laws https://ift.tt/2UrCcWW

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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...