Wednesday, March 4, 2020

Compliant under NI Act against accused dismissed on failure to prove case regarding existence of enforceable debt

FEMA, BANKING & INSURANCE : Where complainant could not prove her case regarding existence of any legally enforceable debt against accused, complaint filed by her under section 138 on dishonour of cheque issued by accused was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2x3vYpb

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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...