Wednesday, October 6, 2021

CBDT considering modification in faceless appeal scheme, 2020

INCOME TAX : In a matter before the Supreme Court, Additional Solicitor General submitted that department is having a second look on Faceless Appeal Scheme, 2020 and sought a period of three months as it may require change of law

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