https://www.taxtmi.com/highlights?id=65606 Offence under SEBI - reasonable grounds to believe - Any enquiry that may be required to be made under the SEBI Act, 1992, would be of a broader compass than that of an enquiry to be made under the Income Tax Act either of 1922 or 1961. Correspondingly, the requirement of having a reasonable ground to believe for initiating an enquiry under Section 11C of the SEBI Act, 1992 would also have to be on the basis of a broader spectrum as regards the activities that the SEBI is required to regulate, promote or develop. - HC en-us Tue, 13 Sep 2022 06:48:04 +0530 Tue, 13 Sep 2022 06:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65606 Offence under SEBI - reasonable grounds to believe - Any enquiry that may be required to be made under the SEBI Act, 1992, would be of a broader compass than that of an enquiry to be made under the Income Tax Act either of 1922 or 1961. Correspondingly, the requirement of having a reasonable ground to believe for initiating an enquiry under Section 11C of the SEBI Act, 1992 would also have to be on the basis of a broader spectrum as regards the activities that the SEBI is required to regulate, promote or develop. - HC Highlights SEBI Tue, 13 Sep 2022 06:48:04 +0530 https://www.taxtmi.com/highlights?id=65606