Monday, April 6, 2020

Offer of unsecured fully Convertible debentures couldn't be considered as private placement SAT

COMPANY LAW/SEBI : Where offer of unsecured Fully Convertible Debentures (FCDs) was made only to shareholders of company and none else, it was not a private placement

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