Saturday, August 7, 2021

NFAS is required to consider assessee’s request for personal hearing, if requested, before passing final order: HC

INCOME TAX : Where assessee requests for a personal hearing before passing final assessment order under section 143(3), read with section 144B, officer in-charge, under provisions of clause (viii) of section 144B(7), would have to, ordinarily, grant a personal hearing

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000315282/nfas-is-required-to-consider-assessee’s-request-for-personal-hearing-if-requested-before-passing-final-order-hc.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...