Monday, November 25, 2019

Partner can't claim exp. against income received from partnership firm: ITAT

INCOME TAX: A partner cannot separately claim expenses against income received from partnership firm

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