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AI : Legal Proceedings Concept

ITAT: Income Additions Cannot Be Made Only On Statements Recorded During Inquiry

The tribunal observed that suspicion cannot replace proof. If the taxpayer produces documents supporting the credits in their books, the department must evaluate those records and bring evidence to show why the explanation offered is not acceptable

BY Outlook Money

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What Is A Fresh Issue Vs An Offer For Sale In An IPO?
What Is A Fresh Issue Vs An Offer For Sale In An IPO?

When a company raises funds through an initial public offer (IPO), it can either issue new shares (fresh issue) or allow existing shareholders to sell a portion of their stake, also known as offer for sale (OFS). Understanding the difference between a fresh issue and an OFS can help investors see what the company wants to achieve from its offering.

BY Rishabh Raj

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