Friday, March 29, 2019

Issue couldn't be re-examined by invoking sec. 263 if AO's order on said issue was merged with CIT(A)'s order

IT: Issue pertaining to section 80-IC deduction could not be re-examined by Commissioner in proceedings under section 263 as Assessing Officer's order on said issue had merged with Commissioner (Appeals) order

from www.taxmann.com Latest Case Laws https://ift.tt/2CUb8cf

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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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