Thursday, March 4, 2021

HC directs passing of assessment order after disposal of SLP as similar issue was pending in it

INCOME TAX : Where SLP was pending before Supreme Court impugning earlier order of High Court disallowing expenditure incurred for minor deviation made to building structure to comply with building bye laws, assessment order disallowing deduction could be effected only after disposal of SLP

from www.taxmann.com Latest Case Laws https://ift.tt/3e7lZml
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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