Tuesday, August 17, 2021

ITAT can grant extension of stay of demand beyond 365 days in deserving cases; SC dismissed SLP

INCOME TAX : SLP dismissed against High Court's ruling that where delay in disposal of appeal is not attributable to assessee in any manner, Tribunal can grant extension of stay of demand beyond 365 days in deserving cases

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

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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...