Thursday, May 23, 2019

SC dismissed SLP filed against HC's order allowing claim for bad debts due to low tax effect

IT: Where High Court upheld Tribunal's order allowing assessee's claim for bad debts, SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2wf7vcV

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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...