Thursday, October 15, 2020

CIT(A) cannot admit additional evidences without obtaining comments from AO on said evidence

INCOME TAX : Where Commissioner (Appeals) admitted additional evidences/enclosures submitted by assessee without confronting same to Assessing Officer and without obtaining comments/remand from Assessing Officer on said additional evidence and deleted an addition under section 68 made to assessee's income on basis of such evidences, impugned order of deleting addition on basis of such additional evidenced was unjustified

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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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