Thursday, December 13, 2018

Payment of advance salary to defeat purpose of demonization won't come under purview of benami transaction

IT/Prohibition of Benami Property Transactions Act: Payment of advance salary by employer to its employee to defeat purpose of demonization didn't come under purview of Benami Transaction

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