Friday, July 10, 2020

Sum from relinquishment of rights under an agreement is chargeable under head capital gains

INCOME TAX : Income from relinquishing rights under an agreement should be assessed under the head income from capital gains

from www.taxmann.com Latest Case Laws https://ift.tt/2ClUS6a

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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...