Tuesday, September 24, 2019

Date of allotment of flat by DDA would be date of purchase for computing capital gain tax; SLP dismissed

INCOME TAX: SLP dismissed against High Court's ruling that for computing capital gain tax, date of allotment of flat by DDA would be date on which purchaser of flat can be stated to have acquired property

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