Friday, December 11, 2020

HC couldn't grant relief if there was no perversity on ITAT's part in not granting interim order for stay of demand

INCOME TAX : Where there was no perversity or erroneous approach on part of Tribunal in not granting an interim order for stay of demand as sought for by assessee, said impugned order could not have been interfered with by High Court in exercise of its extraordinary jurisdiction under article 226 of Constitution

from www.taxmann.com Latest Case Laws https://ift.tt/377geBp

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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...