Tuesday, May 14, 2019

Transfer of shares without filing of share certificates is invalid under the Cos. Act

CL : Shares can be transferred only in accordance with section 108 of Companies Act, 1956 which provides for filing of share certificate which was a mandatory requirement

from www.taxmann.com Latest Case Laws http://bit.ly/2W0LSvj

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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...