Saturday, December 15, 2018

Deposits made under Senior Citizen Welfare Fund during FY 2018-19 shall bear 7.90% interest rate: Fi

The Ministry of Finance has notified the deposits made under the Senior Citizens Welfare Fund w.e.f 01-04-2018 to 31-03- 2019 shall bear interest at 7.90% rate.

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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