Wednesday, May 12, 2021

Investment adviser can continue to collect performance - based fee as per agreement executed with cl

The SEBI has issued informal guidance wherein it has specified that the Investment adviser can continue to collect performance based fee and investment should mandatory required to execute the agreement with client.

from taxmann.com News https://ift.tt/33EHDI6

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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...