Thursday, March 11, 2021

HC accepted misc. application as non-appearance of assessee before ITAT was due to illness of its counsel

INCOME TAX : Where Tribunal passed an ex-parte order against assessee due to its non-appearance and assessee filed a miscellaneous application along with an affidavit clearly stating that such non-appearance was due to sudden illness of its counsel, since miscellaneous application and affidavits filed in support thereof clearly disclosed sufficient cause for non-appearance of assessee

from www.taxmann.com Latest Case Laws https://ift.tt/3l3BQ73

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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...