Saturday, August 28, 2021

No writ can be filed against notice issued for filing ITR as objections can be raised in reassessment proceedings : HC

INCOME TAX : Writ petition is maintainable in exercising extraordinary jurisdiction under article 226 of the Constitution of India, in challenging order, inter alia, either on ground that it is mala fide or arbitrary or that it is passed on irrelevant and extraneous consideration or if same is in violation of any Statutory Rules in force

from www.taxmann.com Latest Case Laws https://ift.tt/3joST4g

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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...