Friday, November 29, 2019

Order can’t be challenged by filing writ petition if assessee miserably failed to challenge reassessment notice

INCOME TAX : Where assessee miserably failed to challenge reopening of assessment at appropriate time, he could not have been encouraged to challenge order of assessment straight away by filing a writ petition before High Court

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000191954/order-can’t-be-challenged-by-filing-writ-petition-if-assessee-miserably-failed-to-challenge-reassessment-notice.aspx

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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...