Thursday, April 4, 2019

SEBI extends timeline for implementation of Phase I of Unified Payment Interface for buying shares i

In order to smooth functioning, the market regulator, SEBI has extended the timeline for implementation of Phase I of Unified Payment Interface with application supported by block amount by 3 months, i.e. June 30, 2019. However, the implementation of Phase II and III shall continue unchanged.

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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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