Friday, August 23, 2019

ITAT remanded matter as assessee raised sec. 54F claim for first time before Tribunal

INCOME TAX: Where assessee raised a claim towards his entitlement for claim of deduction under section 54F along with purchase deed in support of his claim before Tribunal, however, said claim was never raised by assessee before lower authorities, matter was to be remanded back for adjudication afresh

from www.taxmann.com Latest Case Laws https://ift.tt/2NrzlN6

No comments:

Post a Comment

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...