Saturday, September 25, 2021

Presiding Officer/Judicial members can decide on appeal filed before SAT even if technical member is not available

COMPANY LAW/SEBI : Since SAT performs Judicial functions, it is mandatory for SAT to be manned by Judicial member and thus, even though a Technical member is not available, Bench consulting Presiding Officer and Judicial Members can proceed to hear and decide appeals filed before SAT

from www.taxmann.com Latest Case Laws https://ift.tt/39yHrNL

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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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