Friday, August 13, 2021

Question relating to the status of directorship of a person issuing a post-dated cheque is a triable issue: HC

FEMA, BANKING amp; INSURANCE : Question as to whether petitioner who had issued post-dated cheques in capacity of director of accused company had already resigned on date of presentation of cheque or whether there was sufficient balance in account of company to honour legally enforceable debt, were triable issues which could be agitated during trial

from www.taxmann.com Latest Case Laws https://ift.tt/3iI92kJ

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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