Friday, March 22, 2019

SC granted SLP against HC's ruling refusing condonation of delay in fining of revenue's appeal

IT : Having regard to importance of matter Supreme Court directed High Court to condone delay in filing appeal by revenue and hear appeal on merits where main cause of delay was difference of opinion between two officers

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

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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...