Wednesday, February 12, 2020

Limitation period for issuing scrutiny notice for defective ITR to be counted from due date of filing of original ITR

INCOME TAX: Date of filing of original return under section 139(1) has to be considered for purpose of computing period of limitation under sub-section (2) of section 143 and not date on which defects actually came to be removed under section 139(9)

from www.taxmann.com Latest Case Laws https://ift.tt/2UMh2Wy

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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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