Thursday, August 19, 2021

Provisions for NPA made by Co-op. Bank in terms of RBI guidelines allowable as deduction: HC

INCOME TAX : Provision for non-performing assets made by assessee-bank in terms of RBI guidelines was allowable as deduction

from www.taxmann.com Latest Case Laws https://ift.tt/3y0Hmfe

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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...