Monday, November 25, 2019

ITAT quashed scrutiny assessment completed by issuing notice of inquiry u/s 142(1)

INCOME TAX : Where no notice under section 143(2) was issued, assessment could not be framed under section 143(3), read with section 147

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

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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...