The Tribunal upheld deletion of a ₹2.27 crore addition after finding that the capital deposit did not pertain to the assessment year in question. Without a year-wise nexus, section 68 could not be ...

“Ask any manager what they want from a prime broker and, if they are being honest, it will be as simple as capital introduction,” says the manager of a small seven-year-old hedge fund. “If you are ...