Thursday, December 27, 2018

Mediators were to be appointed from panel as parties failed to have consensus for settlement: NCLT

CL: Where during pendency of section 241 petition, parties consented to refer dispute for mediation, but they failed to reach consensus in relation to mediator to whom matter could be referred for mediation, mediators were to be appointed from Mediation and Conciliation Panel as displayed in website of MCA

from www.taxmann.com Latest Case Laws http://bit.ly/2EO0Ahn

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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...