Monday, November 26, 2018

Assessment order passed without considering material on record was unjustified; SC dismissed SLP

IT : Where High Court accepted assessee's contention that assessment order passed by AO without considering material on record was in violation of principles of natural justice, SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2FE4Zok

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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...