Wednesday, January 22, 2020

SLP dismissed against ruling allowing carry forward of loss though ITR was filed in old form

INCOME TAX: Where High Court upheld Tribunal's order allowing assessee's claim for carry forward of loss by taking a view that assessee had not sought to gain any unfair advantage in matter by filing return in old Form, SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2GdMDI6

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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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