Tuesday, September 10, 2019

HC quashed arrest warrant as it was issued by TPO without issuing SCN

INCOME TAX : Where TRO issued warrant of arrest to assessee without issuing notice to show cause as to why he should not be detained in civil prison, since said notice did not fulfil requirements prescribed under rule 73(1) of Schedule II of Act, same being procedurally ultra vires, deserved to be quashed

from www.taxmann.com Latest Case Laws https://ift.tt/2ZPA1TQ
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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...