Wednesday, August 22, 2018

No hearing opportunity to assessee was required while giving approval for assessment in cases of search

IT: Provisions of section 153D do not require any opportunity of hearing to be given to assessee by authority who has to approve draft assessment order passed by Assessing Authority

from www.taxmann.com Latest Case Laws https://ift.tt/2By4v0G

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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...