Thursday, October 29, 2020

Conversion of survey into search & seizure without recording any recording satisfaction is bad in law; SLP dismissed

INCOME TAX : SLP dismissed against High Court ruling that survey at residential premises of assessee could not have been converted into search and seizure without tax authorities recording that assessee had failed to co-operate or there was a suspicion that income was concealed by assessee warranting resort to process of search and seizure

from www.taxmann.com Latest Case Laws https://ift.tt/2G9orKt

No comments:

Post a Comment

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...