Saturday, June 2, 2018

ITAT couldn't enhance assessment and take back benefits granted by AO during appeal: Madras HC

IT : Tribunal has no power to enhance assessment in appeal

from www.taxmann.com Latest Case Laws https://ift.tt/2J5RAX8

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...