Wednesday, July 18, 2018

Agricultural operations, if vertical space is used in growing mushrooms instead of horizontal use on soil

IT : Merely because instead of horizontal use on soil, vertical space is used, does the growth of mushrooms stand apart from agricultural operations

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

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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...