Wednesday, August 26, 2020

Reassessment notice can’t be challenged by filing writ petition if order has been already passed: HC

INCOME TAX : Where notices issued under section 148 had been challenged in writ petition on ground that assumption of jurisdiction under section 147 by ITO was ab initio void, since notices under section 148 had culminated into an order of assessment which could be assailed before appellate authority, said writ petition need not be entertained

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000194199/reassessment-notice-can’t-be-challenged-by-filing-writ-petition-if-order-has-been-already-passed-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...