Wednesday, July 17, 2019

HC rejected application for waiver of interest as there was wilful evasion of payment of tax by assessee

INCOME TAX: In case of wilful evasion of payment of tax, assessee's application for waiver of interest under section 220(2A) was to be rejected

from www.taxmann.com Latest Case Laws https://ift.tt/2YQZl7j

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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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