Friday, April 19, 2019

No reassessment could be made on basis of audit objection, SC dismissed SLP filed against HC's order

IT: SLP dismissed against High Court ruling that audit objection being only an information, reassessment notice based on said audit objection is not sustainable

from www.taxmann.com Latest Case Laws http://bit.ly/2GyTX29
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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