Thursday, October 24, 2019

ITAT slams AO for charging capital gains in hands of general power of attorney holder

INCOME TAX: Capital gain would arise in hands of owners of property and not GPA holder

from www.taxmann.com Latest Case Laws https://ift.tt/31Mh3t7

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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...