Wednesday, September 18, 2019

Issue of SCN u/s 26 (1) of Prohibition of Benami Property Transaction Act doesn’t constitute an order passed by AA: HC

INCOME TAX/BENAMI ACT : Show-cause notice issued under section 26(1) of Prohibition of Benami Property Transactions Act, 1988 does not constitute 'an order' passed by Adjudicating Authority

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000190569/issue-of-scn-us-26-1-of-prohibition-of-benami-property-transaction-act-doesn’t-constitute-an-order-passed-by-aa-hc.aspx

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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...