Thursday, November 1, 2018

DRP couldn't set-aside assessee's objections to selection of some comparables by TPO without assigning any reasons

IT/ILT: Where DRP rejected assessee's objections to selection of some comparables by TPO without assigning any reasons, impugned order was to be set aside and, matter was to be remanded back for disposal afresh

from www.taxmann.com Latest Case Laws https://ift.tt/2Rv4MF3

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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...