Monday, June 22, 2020

SC granted SLP against HC ruling upholding that no incriminating documents was found during search

INCOME TAX: Where High Court upheld Tribunal's order deleting addition made under section 153A by taking a view that no incriminating documents during course of search were found, SLP filed against said order was to be granted

from www.taxmann.com Latest Case Laws https://ift.tt/37Rx1qx
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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...