Friday, May 28, 2021

Notice of audit under Dadra and Nagar Havel VAT Regulations after 6 years from date of assessment order was barred by limitation: Bombay HC

EXCISE/ST/VAT : Where assessments for three years 2010-11, 2011-12 and 2012-13 were made on 25.10.2013, impugned notice of audit under section 58 of Dadra and Nagar Haveli Value Added Tax Regulation, 2005, dated 25.09.2020 was barred by limitation

from www.taxmann.com Latest Case Laws https://ift.tt/2SuHnct

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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...