Saturday, May 4, 2019

Secured creditors are allowed to stand outside of proceeding under the Presidency Towns Insolvency Act

FEMA, BANKING & INSURANCE : Secured creditor are allowed to stand outside insolvency proceedings under Presidency Town Insolvency Act and to realise its dues under Act

from www.taxmann.com Latest Case Laws http://bit.ly/2DM4sgo
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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...