Monday, December 7, 2020

Selection of case for scrutiny does not automatically amounts to withholding of refund

INCOME TAX : Mere pendency of proceedings under section 143(2) would not be sufficient to withhold refund under section 241A

from www.taxmann.com Latest Case Laws https://ift.tt/3gn2Con

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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...