Friday, February 22, 2019

EPFO recommends hiking of EPF interest rate to 8.65% for F.Y. 2018-19

The Central Board of Trustees, EPF in its 224th meeting has recommended crediting of 8.65% rate of interest on the EPF accumulations in the EPF members’ account for the year 2018-19.

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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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