Tuesday, April 23, 2019

ICSI issued guidance note on Related Party Transactions

In order to understand and appreciate the nuances of RPTs, the ICSI has issued Guidance Note on Related Party Transactions which explain the procedures, practices and compliances associated with RPTs

from taxmann.com News http://bit.ly/2PlX5Rq

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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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