Day: September 18, 2024

Order u/s 148A(d) mentioning sale proceeds as income chargeable to tax quashed. Sale proceeds is not income chargeable to tax. SC declines to interfere with HC order. In a recent order, Hon’ble Supreme Court has declined to interfere with the order of Hon’ble Madhya Pradesh High Court quashing …

SEBI enabled T+2 trading of Bonus shares where T is the record date SEBI has decided to enable T+2 trading of Bonus shares where T is the record date. This would reduce the time taken for credit of bonus shares and trading of such shares, from the record date …