Saturday, November 17, 2018

SC allows interim bail in serious financial fraud cases

CA : Where SFIO sent respondent No. 1 to jail but High Court passed interim order releasing him on bail with observations which had adverse consequences on Authority with respect to investigations, filing of complaint/police report, etc., High Court's order except release of respondent No. 1 deserved to be stayed

from www.taxmann.com Latest Case Laws https://ift.tt/2FBit3Q

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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...