Tuesday, June 25, 2019

AO couldn't recover tax dues of mining dept. from person awarded tender for settlement of Sand Ghats; SLP dismissed

INCOME TAX : SLP dismissed against High Court ruling that section 226(3)(x) does not confer arbitrary power on Income-tax department to recover amount of tax liability of mining department from innocent assessee who was awarded tender for settlement of sand ghats by Mining department

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