posted: "INCOME TAX : No addition under section 69C could be made only on basis of statement of partner of assessee firm recorded under section 131(1A) in absence of any other material found in form of cash, bullion, jewellery or document in any other form or asse"
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posted: "IFSCA has included 'ship lease' (which shall include operating lease, and hybrid of operating and financial lease, of a ship or ocean vessel, engines of ship or ocean vessel, or any other part thereof) under the definition of financial product as specifie"
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posted: "SEBI has laid out a framework for operationalizing the gold exchange, wherein the Gold will be traded in the form of electronic gold receipts (EGRs). SEBI specifies that the supply of the physical gold, to be converted into EGR, will be the fresh deposit "
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posted: "COMPETITION ACT : Where informant filed information alleging that conduct of OP in selecting IOCL transporters as its L-1 bidder without considering HP distributors/dealers gas transporters in tender for procurement of service of transportation of packed "
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posted: "The Income-tax Dept. has carried out search and seizure operation in Kerala on two groups, engaged in the business of quarry operation. During search, a parallel set of books of account recording the entries of actual sales and receipt of cash was found a"
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posted: "INCOME TAX : Where assessee-company had incurred foreign travel expenses for its agents who were working for soliciting or procuring insurance business for it, and no amount had been paid to agents by assessee as reimbursement of expenses incurred by agen"
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