Friday, July 3, 2020

CIT has no power to grant extension of time to get books of account audited u/s 142(A)

INCOME TAX : Extension of time given by Commissioner in getting books of account audited under section142(2A) was illegal and, thus, assessment completed after due date was void ab initio

from www.taxmann.com Latest Case Laws https://ift.tt/38qvKXK

No comments:

Post a Comment

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...