Saturday, December 1, 2018

Status of deceased person to be taken as HUF if succession of his estate not governed by principle of primogeniture

IT : Where assessee's succession to estate of Ruler was not governed by principle of primogeniture, general law of succession i.e. rules applicable to HUF, would apply and, thus, after his death, assessment was to be completed by taking status of deceased assessee as that of HUF

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

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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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