Saturday, October 16, 2021

Reassessment by taking diff. view on very same material on which assessment had been completed not permissible: HC

INCOME TAX : Reopening assessment by taking a different view on very same material on which assessment had been completed would not be permissible

from www.taxmann.com Latest Case Laws https://ift.tt/3AHaU32

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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...