Wednesday, August 11, 2021

Sec. 43B not applicable on provision for leave salary: Mumbai ITAT

INCOME TAX : Provision for leave salary could not be disallowed under section 43B(f)

from www.taxmann.com Latest Case Laws https://ift.tt/3iBC0Tp

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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...