Day: August 31, 2020

Relaxation in processing of documents of FPIs not to apply to entities from jurisdictions where lockdown has already been lifted – SEBI CIRCULAR SEBI/HO/FPI&C/CIR/P/2020/162 August 31, 2020 To, 1. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)/ Custodian of Securities. 2. Designated Depository Participants (“DDPs”)/ …

Relaxation in Credit rating for default due to restructuring of debt due to COVID-19 related stress extended to 31.12.2020 SECURITIES & EXCHANGE BOARD OF INDIA SEBI/ HO/ MIRSD/ CRADT/ CIR/ P/ 2020/ 160 August 31, 2020 To,All Credit Rating Agencies (CRAs) registered with SEBI Dear Sir/ Madam, Sub: …

No concealment when all information available for determining income  given voluntarily by assessee either in return or at the time of assessment ABACUS Case Law CitationABCAUS 3380 (2020) (08) ITAT Important case law relied upon by the parties:CIT vs. Samson Perinchery 392 ITR 4 (Bom). Ventura Textiles Ltd., vs. …