SEBI had put up the report of the working group on Social Stock Exchange for public consultation on its website on June 01, 2020 seeking comments by June 30, 2020. In view of the requests seeking extension of timeline for submission of comments due to COVID-19 pandemic, it has been decided to extend the timeline for seeking public comments to July 15, 2020
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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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