Saturday, September 28, 2019

Date of default would be considered for triggering limitation for filing winding up petition against co.: SC

COMPANY LAW : Trigger point for purpose of limitation for filing of a winding up petition under section 433(e ) would be date of default in payment of debt in any of three situations mentioned in section 434

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

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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...