Thursday, December 13, 2018

Payment of advance salary to defeat purpose of demonetisation 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 demonetisation didn't come under purview of Benami Transaction

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