Tuesday, October 27, 2020

Mutual fund Co. deciding to wind up Mutual fund schemes should obtain consent of unit-holders

SEBI: Where Mutual fund company decided to wind up mutual fund schemes, it had to obtain consent of unit-holders/investors of said schemes which would be by a simple majority

from taxmann.com News https://ift.tt/35KbwHU

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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...