Thursday, July 18, 2019

Key takeaways from new format of reporting compliance on Corporate Governance by listed Cos.

In the year 2015, the SEBI came out with a format for compliance report on corporate Governance to be submitted by listed companies to stock exchange. Now, SEBI vide. Circular no. SEBI/HO/CFD/CMD1/CIR/P/2019/78 Dated, July 16, 2019 has issued revised format for compliance reporting on Corporate Governance incorporating key recommendations of Kotak Committee.

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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...