Monday, December 23, 2019

Board report filed with RoC can be revised only if not prejudicial to company, shareholders, etc.

COMPANY LAW : Where in Board Report of company filed with RoC, certain matters were unintentionally omitted to be reported, it could be permitted to revise said Board Report if same would not prejudice interest of company, its shareholders or stakeholders or violate any provisions

from www.taxmann.com Latest Case Laws https://ift.tt/2tCoRCq

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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