Monday, February 10, 2020

No pre-deposit required in filing appeal as borrower disputed loan and sought forensic verification of signature

FEMA, BANKING & INSURANCE : Where loan was disputed by petitioner on ground that same was not borrowed by him and his signature on alleged loan agreement was sent to CFSL for verification, appeal against dismissal of condonation of delay in filing belated rejoinder would not require pre-deposit of 50 per cent of debt due

from www.taxmann.com Latest Case Laws https://ift.tt/31D3u0X

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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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