Monday, October 22, 2018

RBI issues master direction on relief measures by banks in areas affected by natural calamities

The Reserve Bank of India (RBI) has issued master direction on relief measures by banks in areas affected by natural calamities.

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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...