Saturday, December 15, 2018

No lapse in not processing refund based ITRs if substantial demands were pending against Vodafone: HC

IT : Writ Petition is filed by petitioner-Vodafone on account of inaction on part of Assessing Officer in not processing income tax returns for four Assessment Years 2014-15 to 2017-18 which will result in issuance of refunds aggregating to Rs. 4759.74 crores

from www.taxmann.com Latest Case Laws https://ift.tt/2A18nUW

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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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