Thursday, October 31, 2019

CCI receives combination notice under green channel scheme, relating to acquisition of equity stake

CCI receives combination notice under green channel scheme, relating to acquisition of equity stake in Hero Future Energies Global Ltd and non voting compulsorily convertible preference shareholding in Hero Future Energies Private Ltd.

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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...