Friday, June 11, 2021

Revenue was unfair in giving only 5 days to file objections if it has time till 30-06-2021 to pass final order: HC

INCOME TAX : Where show-cause notice-cum-draft assessment order calling upon assessee to file its objections qua same were issued and request for accommodation was made by assessee on 27-4-2021, wherein a reference was made to CBDT circular dated 24-4-2021, whereby, limitation for passing assessment order had been extended till 30-6-2021, impugned assessment order,

from www.taxmann.com Latest Case Laws https://ift.tt/3gsxy7i

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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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