Thursday, November 14, 2019

Rules formulated by CG u/s 184 of Finance Act, 2017 for appointment of tribunals struck down by SC

FINANCE ACT : Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) Rules, 2017 suffer from various infirmities; these Rules formulated by Central Government under Section 184 of Finance Act, 2017 being contrary to parent enactment and principles envisaged in Constitution as interpreted by this Court, are struck down in entirety

from www.taxmann.com Latest Case Laws https://ift.tt/2O8WRgo

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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