Wednesday, October 24, 2018

Govt. approves appointment of Adjudicating Authority & establishment of Appellate Tribunal under Ben

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the appointment of Adjudicating Authority along with the three additional benches and establishment of Appellate Tribunal under the Prohibition of Benami Property Transactions Act, 1988

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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...