Thursday, April 22, 2021

SAT upholds restraint order passed by SEBI; directs SEBI to pass order after considering forensic reports

COMPANY LAW/SEBI : Where SEBI by impugned order confirmed its exparte order whereby appellant who was Executive Chairman of company along with others was restrained from accessing securities market and was further prohibited from buying, selling or otherwise dealing in securities in any manner whatsoever, either directly or indirectly, till further orders,

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

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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...