Monday, February 17, 2020

Acquittal of accused in cheque dishonour case justified as complainant didn't appear despite issue of summons: HC

COMPANY LAW: Where Magistrate acquitted/accused from commission of offence under section 138 by invoking power under section 256 of CrPC because complainant did not appear on date of hearing despite summons being issued and, there was no reason to adjourn hearing of case to some other day, impugned order passed by him did not require any interference

from www.taxmann.com Latest Case Laws https://ift.tt/3bIUsEb

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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...