Thursday, July 2, 2020

Collective Investment Scheme floated by a private trust is illegal: SC

COMPANY LAW/SEBI: Collective investment scheme carried on by a private trust would be in teeth of statute, read with CIS Regulations and would, thus, be illegal

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

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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...