Saturday, July 3, 2021

ITAT cannot remand matter back to AO if CIT(A) duly considering evidence placed on record before allowing relief: HC

INCOME TAX : Where Assessing Officer had disallowed claim for deduction under section 80JJAA on ground that relevant details regarding same were not placed before AO but were claimed by way of a communication , since claim was otherwise sustainable in law, appellate authority was empowered to allow same

from www.taxmann.com Latest Case Laws https://ift.tt/3AnDxU2

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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...