Wednesday, June 2, 2021

Delhi HC quashes faceless assessment order as no show cause notice-cum-draft assessment order was served

INCOME TAX : Where no show cause notice cum draft assessment was served on assessee in Faceless Assessment proceedings, impugned assessment order and notice issued under Section 156 and Section 270A read with Section 274 were to be set aside

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

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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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