Tuesday, March 19, 2019

Person appointed on probation can't get confirmed appointment automatically after expiry of probation period

IT/ICAI Act: Where a person was appointed as a probationer in any post and a period of probation was specified, it did not follow that at end of said specified period of probation he obtained confirmation automatically

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