Thursday, January 23, 2020

SC dismissed SLP against HC's ruling that assessee's claim for dep. on goodwill was allowable

INCOME TAX: Where High Court upheld Tribunal's order allowing assessee's claim for depreciation on goodwill, SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2TVPtt8

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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...