Tuesday, May 28, 2019

Economic offenders under radar of MCA

The Ministry of Corporate Affairs (MCA) has widened the probe against economic offenders and tried to figure the loopholes in the system and the practices followed by offenders so that no one can take advantage the same in near future. Therefore, in order to stop absconding offenders from going outside India, the MCA has come up with list of 20 people who could go to foreign countries to hide their default.

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

No comments:

Post a Comment

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...