Tuesday, February 19, 2019

Auditor of company who signed tax audit report couldn't value shares of company under rule 11UA

IT: For purpose of sub-rule (2) of rule 11UA, an auditor can not be accountant of assessee-company

from www.taxmann.com Latest Case Laws http://bit.ly/2SbkK6T

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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...