Tuesday, August 27, 2019

Waiver of tax granted by Govt. under rehab scheme wouldn't be binding on IT authority: HC

COMPANY LAW/SICA: Where any waiver or concession is to be granted by Government under rehabilitation scheme, said scheme would be circulated to such authority for its consent and only upon such consent being given, scheme would be binding to Government

from www.taxmann.com Latest Case Laws https://ift.tt/30Ebo90
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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...