Saturday, March 20, 2021

Information about tax evasion investigation carried out by DGIT (Inv.) not required to be intimated to complainant

INCOME-TAX/BLACK MONEY : Information in respect of investigation carried out by office of Directorate General of Income Tax (Investigation) in respect of TEP is not required to be intimated to complainant as said office is outside purview of RTI Act, 2005; only broad outcomes after completion of investigation could be communicated only when directed by High Court

from www.taxmann.com Latest Case Laws https://ift.tt/31dH1Ix

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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...