Thursday, November 21, 2019

AO couldn't seek time to refund Income-tax; any delay in grant of refund must be compensated with interest: HC

INCOME TAX : Where Assessing Officer did not dispute assessee's claim for refund but sought four week's time to make payment, instant petition was to be disposed of with a direction to refund amount due alongwith interest within a period of four weeks

from www.taxmann.com Latest Case Laws https://ift.tt/37q1UBQ

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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...