RBI Circular dated 6-4-2018 which directed banks and entities regulated by RBI to not to deal in Virtual Currencies (VC) or to provide banking services facilitating any person or entity dealing with or settling VCs, was quashed

Case details: Internet and Mobile Association … Continue reading “RBI Circular dated 6-4-2018 which directed banks and entities regulated by RBI to not to deal in Virtual Currencies (VC) or to provide banking services facilitating any person or entity dealing with or settling VCs, was quashed”

No additions towards excess premium if assessee valued shares at FMV computed in accordance with Rule 11UA of the Income Tax Rules, 1962: ITAT

Case details: Mantram Commodities (P.) … Continue reading “No additions towards excess premium if assessee valued shares at FMV computed in accordance with Rule 11UA of the Income Tax Rules, 1962: ITAT”