If amount already been considered in subsequent assessment years and assessment order has been passed, the question of escapement of income for same amount in previous year will not arise.
Explore the legal battle between Premier Trading Company and Commissioner of Customs (CESTAT Kolkata) over rejected unit value, customs valuation rules, and market inquiry.
SEBI’s interpretation clarifies that concentration limit of 25% in an Investee Company applies at the level of individual Target Companies acquired by ARC Trust.
