Monday, July 29, 2019

Additions towards undisclosed investments couldn't be made by applying provisions of sec. 50C

INCOME TAX: Provisions of section 50C could not be applied for making addition under section 69B

from www.taxmann.com Latest Case Laws https://ift.tt/2MonQ8v

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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...