Friday, October 4, 2019

SC dismissed SLP as monetary implication involved in appeal was below the prescribed limits

INCOME TAX : SLP filed before Supreme Court was to be dismissed where monetary implication involved therein was only Rs. 44 lakhs

from www.taxmann.com Latest Case Laws https://ift.tt/357BKmv

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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...