Saturday, October 26, 2019

HC allowed assessee's plea for availing of remedy of filing appeal in respect of other issues

INCOME TAX: Where in course of writ proceedings before High Court, decision on assessee's claim for deduction under section 80P was stayed subject to outcome of proceedings of SLP pending before Supreme Court in similar cases, assessee's plea for availing of alternate remedy of filing an appeal under section 246A in respect of other issues decided against them, was to be allowed

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

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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...