Tuesday, May 21, 2019

Provision of Money Laundering Act would prevail over CrPC: HC

FEMA, BANKING & INSURANCE : Provisions of CRPC is relied upon as residuary provisions for proceedings under PMLA on aspects and matters for which no specific provision is contained in PMLA and in case of any conflict or contradiction as between provisions of PMLA and CRPC, those contained in PMLA would prevail and those of CRPC must yield

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