Thursday, January 16, 2020

Consultation paper on review of regulatory framework for Investment Advisers: SEBI

The SEBI has issued consultation paper on review of regulatory framework for Investment Advisers. The objective of consultation paper is to seek comments from the public on the proposals that are intended to strengthen the regulatory framework for investment Advisers as well as empower the IA.

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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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