Thursday, September 12, 2019

ITAT isn't empowered to resolve an issue which has already been decided by HC

INCOME TAX : Where an issue, which has already been decided by High Court, Tribunal is not empowered to touch up on any aspect of that matter while adjudicating Miscellaneous Application or even in a recalled order

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