Friday, January 10, 2020

ITAT set-asides reassessment order as AO failed to establish services of proper notice u/s 148

INCOME TAX: In absence of any material on record showing that notice was tendered either to assessee or its duly appointed agent, service by resorting to affixture was a premature decision on part of Assessing Officer

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

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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...