Saturday, August 7, 2021

ITAT deleted CIT’s order rescinding Sec. 10(23C) approval as he can’t approve/reject exemption before 5-11-2019

INCOME TAX : Notification No. SO 3015(E), dated 5-11-2019 came into effect from 5-11-2019

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000314706/itat-deleted-cit’s-order-rescinding-sec-1023c-approval-as-he-can’t-approvereject-exemption-before-5-11-2019.aspx

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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...