Thursday, December 6, 2018

Once issue of SCN of offence completed in FERA regime on SCN can be issued after under FEMA due to statutory bar

FEMA: Once issue of Show Cause Notice of offence completed in FERA regime no Show Cause Notice could be issued after 1-6-2002 under FEMA, 1999 because of statutory bar under FEMA, 1999

from www.taxmann.com Latest Case Laws https://ift.tt/2Su63wv

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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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