Monday, August 10, 2020

AO can’t withhold refund by issuing scrutiny notice without recording justifiable reasons: Delhi HC

INCOME TAX: Withholding of refund under section 241A, pursuant to notice under section 143(2), without recording justifiable reasons is not justified

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000195270/ao-can’t-withhold-refund-by-issuing-scrutiny-notice-without-recording-justifiable-reasons-delhi-hc.aspx

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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...