Monday, January 27, 2020

Notice u/s 143(2) is must even for block assessment of undisclosed income: HC

INCOME TAX: For block assessment of undisclosed income also, provisions of sections 142, 143(2) and 143(3) are applicable; no assessment can be made without issuing notice under section 143(2)

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

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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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