Wednesday, March 11, 2020

HC directed revenue to grant refund as same wasn't released despite repeated reminders

INCOME TAX : Where Appellate Tribunal deleted addition in income of assessee but despite repeated reminders, refund was not released, revenue was directed to release same within a period of six weeks

from www.taxmann.com Latest Case Laws https://ift.tt/3cRcEvN

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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...