Monday, July 20, 2020

Committee established under Bar Council to safeguard interest of advocates eligible for exemption u/s 12A & 80G

INCOME TAX: Advocate welfare fund trustee committee established under Bar Council of Delhi being engaged in safeguarding rights, privileges and interest of advocates, its dominant purpose is advancement of general public utility within meaning of section 2(15)

from www.taxmann.com Latest Case Laws https://ift.tt/3jpOex0

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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...