Friday, September 20, 2019

ITAT quashed assessment order as AO served scrutiny notice on wrong address of assessee

INCOME TAX: Where notice under section 143(2) was served to assessee on address which was none of addresses as specified in rule 127(2) of 1962 Rules, assessment order passed on basis of such invalid notice deserved to be set aside

from www.taxmann.com Latest Case Laws https://ift.tt/2V3jeXK

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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...