Monday, May 17, 2021

ITAT set-aside order passed by CIT(A) ignoring binding directions given by DGIT

INCOME TAX : Where DGIT by order directed Commissioner (Appeals) not to pass any further appellate orders during pendency of explanation sought on lapses in adjudicating appeals, however, Commissioner (Appeals) passed order, ignoring binding directions given by DGIT, it resulted in serious lapse on his part in administering justice, hence order so passed was to be set aside for adjudication afresh

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

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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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