Monday, March 8, 2021

SC quashes order of impleadment of independent directors in course of proceedings relating to ILamp;FS Limited

COMPANY LAW : Independent Directors have a vital role, as is indicated by provisions of Companies Act, 2013. While Independent Directors are intended to be independent, they cannot remain indifferent to position of company

from www.taxmann.com Latest Case Laws https://ift.tt/30jWztA

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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...