Monday, June 14, 2021

Revised Form 36 to be filed by legal heir/revenue if assessee expired during proceedings before ITAT: Agra ITAT

INCOME TAX : It is mandatory to file revised form 36 after death of assessee, as appeals cannot continue for or against a dead person. However, despite knowing legal requirement by both sides, needful was not done in matter

from www.taxmann.com Latest Case Laws https://ift.tt/2Tqmks0

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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...