Saturday, May 4, 2019

Sec. 139(5) not applicable if revised ITR is filed pursuant to amalgamation scheme approved by NCLT

IT : Revised returns of income filed by petitioners pursuant to scheme of arrangement and amalgamation approved by National Company Law Tribunal, Chennai was to be accepted

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

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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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