Thursday, December 19, 2019

Recall of process u/s 204 of Cr.Pc not tenable if Court issuing process has no power to review its order

FEMA, BANKING & INSURANCE : Where Court issued process against petitioners as cheques issued by them to respondent for supply of oil tankers returned with endorsement 'Account is closed', since Court who has issued process has no power to review its order of issuance of process, application preferred by petitioner under Section 204 of Code of Criminal Procedure, 1973, for recall of process was not maintainable

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

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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...