Tuesday, February 26, 2019

Securities and stock brokers can't be compared with merchant bankers

IT/ILT : Where merger/amalgamation had taken place in a company, it being not a normal event, such a company would cease to be comparable

from www.taxmann.com Latest Case Laws https://ift.tt/2BThp7b
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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...