Tuesday, March 26, 2019

Sec. 69 additions couldn't be made in respect of investments made in earlier years: Delhi ITAT

IT: No addition under section 69 could be made in year under consideration in respect of investment in immovable property made in earlier year(s)

from www.taxmann.com Latest Case Laws https://ift.tt/2Oqn1Lr

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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...