Tuesday, November 13, 2018

Provision written back to be treated as operating item for computing working capital adjustment

IT/ILT: Provision written back was operating item of assessee for computing working capital adjustment

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

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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...