Friday, April 12, 2019

Interest received on enhanced compensation on acquisition of agricultural land entitled to exemption

IT : Where assessee's agricultural land was acquired by Government, enhanced compensation including interest received would be eligible for exemption

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

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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...