The trust argued before the ITAT that it was not given a reasonable opportunity to present its case, as the two notices were issued within a short timeframe. The trust claimed it had difficulty ...

More importantly, the ITAT found that the CIT (E) had indeed failed to provide a reasonable opportunity for the club to be heard. The club’s request for an adjournment was not accommodated, and the ...

SEBI had barred Karvy Stock Broking Ltd (KSBL) and its affiliate firm from the securities market for 7 years. Later in May, the regulator had revoked its brokerage license.