Tuesday, September 1, 2020

Rejection of bail application of accused on ground of COVID-19 not arbitrary, petitioner was entitled to seek bail: HC

FEMA, INSURANCE & BANKING : Where petitioner committing offences under PMLA sought for interim bail on ground of prevalence of COVID-19 but same was rejected by High Powered Committee, decision of High Powered Committee was not arbitrary and petitioner was entitled to seek bail in terms of Cr. P.C., 1973

from www.taxmann.com Latest Case Laws https://ift.tt/32ICr5d

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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...