Friday, April 17, 2020

Seeking benefit of ‘Direct Tax Dispute Resolution Scheme, 2016’ after delay of more than 3 years not allowed: HC

INCOME TAX : Where instant petition filed by assessee seeking benefit under Direct Tax Dispute Resolution Scheme, 2016, suffered from laches/delay of more than 3 years, same was to be dismissed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000191205/seeking-benefit-of-‘direct-tax-dispute-resolution-scheme-2016’-after-delay-of-more-than-3-years-not-allowed-hc.aspx

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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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