Saturday, July 18, 2020

SVLDRS: Defaulted ST Amt. written in a letter to applicant’s vendor can’t be treated as amount determined for scheme

GST/EXCISE/ST/VAT : Where there was no final quantification or determination of tax liability yet and only a preliminary figure was estimated during pendency of enquiry when Sabka Viswas Scheme was introduced, petitioner's application under said scheme could not be admitted

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000195008/svldrs-defaulted-st-amt-written-in-a-letter-to-applicant’s-vendor-can’t-be-treated-as-amount-determined-for-scheme.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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