Tuesday, January 29, 2019

ITAT couldn't decide an appeal merely making observation that facts didn't require any further deliberation

IT: While deciding an appeal, observation made by Tribunal that facts would not require any further deliberation, would not be appropriate as Tribunal is required to reassess material and thereafter come to a logical conclusion

from www.taxmann.com Latest Case Laws http://bit.ly/2G84npj

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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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