Monday, February 24, 2020

SC granted SLP against ruling that Sec. 244A interest was allowable on refund of self-assessment tax

INCOME TAX : Where High Court upheld Tribunal's order holding that interest under section 244A was to be allowed on self assessment tax refunded to assessee, SLP filed against said order was to be granted

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

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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...