Wednesday, May 22, 2019

Company couldn't be deregistered when legal action had been initiated against it: NCLT

CL : Where for alleged escapement of income, income tax department had taken administrative decision against company whose name had already been struck off from register of companies, name of such company was to be restored in register of companies

from www.taxmann.com Latest Case Laws http://bit.ly/2VSa4ku

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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...