Tuesday, September 4, 2018

ITAT justified admission of fresh evidences as assessee was unaware of assessment proceedings

IT: Assessee being NRI unaware of assessment proceedings in respect of cash deposited in bank and Assessing Officer having found that source of deposit was sale proceeds of ancestral agricultural land, admission of fresh evidence and deletion of addition was just

from www.taxmann.com Latest Case Laws https://ift.tt/2LUmE94
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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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