Tuesday, April 9, 2019

AO was bound to dispose of assessee's objection by speaking order prior to passing reassessment order

IT/ILT: Where scrutiny assessment had already been done with respect to charges paid to foreign AEs, prior to initiating subsequent reassessment, Assessing Officer was mandatorily required to dispose of assessee's objections by speaking order

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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...