Friday, August 17, 2018

Assessee can avail dispute resolution scheme towards penalty levied for contravention of sec. 269SS; SLP dismissed

IT: Assessees having been levied with penalty under sections 271D and 271E for contravention of section 269SS will be entitled to have their applications processed for benefit of Direct Tax Dispute Resolution Scheme, 2016, SLP dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2MUen68

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

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