Wednesday, March 18, 2020

Filing of complaint for cheque dishonour after prescribed time couldn't be accepted : HC

FEMA, BANKING & INSURANCE : Where Patiala House Court returned complaint under section 138 on ground that cause of action arose within jurisdiction of Saket Court, hence, appellant should refile complaint with Saket Court, however, appellant re-filed complaint in Saket Court after prescribed period, since appellant had itself taken steps for reviving complaint, appellant's contention that it was awaiting decision in its appeal pending before Supreme Court could not be accepted as a ground for no

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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...