Tuesday, November 19, 2019

HC stayed demand on co-operative bank on payment of 1% of outstanding tax amount

INCOME TAX: Where claim of assessee-society for deduction under section 80P was rejected and, a further addition was made to taxable income under section 68, assessee's stay application was to be disposed of with a direction to pay one per cent of tax demanded on addition made under section 68

from www.taxmann.com Latest Case Laws https://ift.tt/2qpVX7q

No comments:

Post a Comment

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...