Saturday, March 30, 2019

Income-tax department intensifies its action against terror funding; carries out more search operati

Income-tax department has unearthed unaccounted financial transactions and undeclared investment of more than Rs. 30 crores during search operations carried out on March 28, 2019 in and around Srinagar

from taxmann.com News https://ift.tt/2U4vU3f

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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...