Monday, May 6, 2019

ITAT's order allowing additional dep. following order of jurisdictional High Court was valid; SLP dismissed

IT: Where Tribunal allowed assessee's claim for additional depreciation by following order of jurisdictional High Court and said order was confirmed by High Court as well, SLP filed against decision of High Court was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2H4GxuR

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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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