Monday, May 17, 2021

HC stayed order of National Faceless Assessment Centre as it was passed without hearing assessee’s objection

INCOME TAX : Where assessee claimed that there was glitch in operation of Faceless Assessment Scheme and it was not afforded opportunity before passing final assessment order, operation of assessment order passed under Section 143(3) read with Section 144B to be stayed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000315096/hc-stayed-order-of-national-faceless-assessment-centre-as-it-was-passed-without-hearing-assessee’s-objection.aspx

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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...