Monday, June 3, 2019

SLP granted against HC's ruling deleting sec. 234B interest on non-payment of advance tax by non-resident

IT: Where High Court upheld Tribunal's order deciding issue of levy of interest under section 234B in assessee's favour merely on basis of its earlier order passed in another case, SLP filed against said decision of High Court was to be granted

from www.taxmann.com Latest Case Laws http://bit.ly/2Z28Ikf

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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...