Saturday, October 17, 2020

HC dismissed writ as assessee had alternative remedy of filing appeal before ITAT

INCOME TAX : Where writ petition filed by assessee against order of TPO passed in consequence of directions given by DRP was dismissed as premature on ground that there is an appeal remedy available to assessee before Tribunal, said order could not be interfered with and assessee is free to raise all objections before Assessing Officer and then before Tribunal in manner provided under law

from www.taxmann.com Latest Case Laws https://ift.tt/37hiE0O

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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...