Stay of demand - SEBI had noticed several disturbing features in ...
SEBI finds issues in derivative trading claims; Petitioner must deposit 50% of disputed tax, not 20%.
May 6, 2019
Case Laws Income Tax HC
Stay of demand - SEBI had noticed several disturbing features in Petitioner's activity of buying and selling derivatives - the loss as claimed by the Petitioner for set off, is not genuine - Petitioner can not avoid recovery of tax by offering to pay a mere 20% of the disputed amount - directed to deposit 50% disputed tax
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