Stocks are close to the most overvalued against corporate credit and Treasuries in about two decades. The earnings yield on S&P 500 shares, the inverse of the price-earnings ratio, is at its lowest ...
In the matter abovementioned ITAT remanded the matter to CIT (A) with a cost of Rs. 5,000/- after considering that assessee failed to comply with the notices issued by CIT (A).