Monday, November 18, 2019

Sec. 264 revision couldn't be rejected just for reason that it was filed beyond the period of limitation: HC

INCOME TAX : Merely because assessee filed application to condone delay belatedly, revision application could not be rejected without considering cause of delay

from www.taxmann.com Latest Case Laws https://ift.tt/3783mJ0

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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...