Thursday, August 6, 2020

Stale deman drafts not claimed by customers couldn't be treated as income of bank: Madras HC

INCOME TAX: Amount of stale demand drafts not claimed by customers and which had become barred by limitation could not be treated as income of bank

from www.taxmann.com Latest Case Laws https://ift.tt/3fA0OXg
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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...