Tuesday, November 26, 2019

Exp. on acquisition of computer software wasn't capital expense; HC ruled following assessee's own case

INCOME TAX : Expenditure on acquisition of computer software by assessee was not capital expenditure

from www.taxmann.com Latest Case Laws https://ift.tt/35vrfZi
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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...