Wednesday, January 30, 2019

AO's jurisdiction couldn't be challenged just because assessee was having head office at other jurisdiction

IT: Where in case of assessee-company having registered office at Mumbai and a branch office at Indore, ITO, Indore, issued a notice under section 143(2), in view of fact that assessee was filing e-returns from inception in Indore and, moreover, it had accepted jurisdiction of Assessing Officer at Indore in earlier assessment years, objection raised by assessee that jurisdiction in its case lay in State of Maharashtra, was rightly rejected by Chief Commissioner

from www.taxmann.com Latest Case Laws http://bit.ly/2HH35Ef

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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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