Thursday, August 2, 2018

ITR filed in time permitted by sec. 153A notice to be deemed as ITR filed within due date; C/F of loss allowable

IT: In case of search, time to file return within meaning of section 139(3) has to be regarded as reasonable time afforded by consequent notice issued under section 153A(1)(a)

from www.taxmann.com Latest Case Laws https://ift.tt/2vy0gMo

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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...