Friday, May 10, 2019

Notice issued in name of deceased person isn't binding on legal heirs: ITAT

IT: Notice issued on dead person was invalid, such notice could not bind legal heirs unless proper notice was issued on them

from www.taxmann.com Latest Case Laws http://bit.ly/2HahJl2

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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...