- CIT isn't empowered to verify genuineness of trust activities while granting Sec. 12AA registration
- No section 40A(9) disallowance if amount paid was for welfare of employees : ITAT
- SDV or FMV of flat is to be considered on date of booking of flat if same was acknowledged in sale agreement
- HC issued notice to Additional Solicitor General as constitutional validity of e-filing of ITR is challenged
- Accumulation of 15% of income u/s 11 couldn't be regarded as obligation envisaged in law
- RBI exempts Housing Finance Cos. from maintenance of percentage of assets and Reserve fund
- SEBI constitutes 'Market Data Advisory Committee' to promote privacy and access to securities market data
- CBDT reduces minimum rating from AA to A for the funds eligible for making investment by PF
- SEBI issues framework for processing of applications for registrations of AIFs and launch of schemes
- RBI releases framework for recognition of a self-regulatory organization for payment system operators