Monday, September 27, 2021

Pre-decisional hearing before proposing conduct of special audit u/s 142(2A) is required; SLP dismissed

INCOME TAX : SLP dismissed against High Court ruling that Assessing Officer is required to give pre-decisional hearing to assessee before making order proposing conduct of special audit under section 142(2A); in absence of pre-decisional hearing, decision to have special audit would be invalid

from www.taxmann.com Latest Case Laws https://ift.tt/2ZA1gT3

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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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