Tuesday, December 1, 2020

Writ not admissible against assessment order if it was passed on merits and AO followed principles of natural justice: HC

INCOME TAX : Where writ petition had been filed raising a plea that assessment order had been passed in violation of principles of natural justice, since each and every objection raised by petitioner in his written representation, had been considered by assessing authority and it had rejected same by giving reasons, and whether reasons for rejection given by respondent is correct or not cannot be held to be violation of principles of natural justice, respondent had adhered to principles of natur

from www.taxmann.com Latest Case Laws https://ift.tt/3mr9Lq2

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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...