Thursday, November 29, 2018

SLP dismissed against HC's ruling justifying deletion of sec. 69 additions being a finding of fact

IT: Where High Court held that finding recorded by Tribunal deleting addition to assessee's income on account of unexplained investment in-house property being a finding of fact, did not require any interference, SLP filed against said order of High Court was to be granted

from www.taxmann.com Latest Case Laws https://ift.tt/2P31UNX

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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...