Friday, January 4, 2019

CBDT lays down procedure for filing of nil/lower TDS or TCS certificates online

The Central Board of Direct Taxes (CBDT) has specified the procedure, format and standards for filing an application for grant of certificate of no or low tax deduction or collection certificates under the Income-tax Act, 1961

from taxmann.com News http://bit.ly/2R64CIi

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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...