Wednesday, April 10, 2019

Co.'s name was to be restored as company was going concern having assets and Loan : NCLAT

CL: Where a company whose name was struck from register of companies was in operation and had valuable assets, long-terms loan and advances, it was just and equitable that name of company be restored in register of companies

from www.taxmann.com Latest Case Laws http://bit.ly/2P3hydU

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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...