Thursday, November 18, 2021

HC quashes order passed on pretext that assessee didn’t file reply but it was acknowledged by dept.

INCOME TAX : Where Assessing Officer proceeded to consider case of assessee on an assumption that assessee had not filed any reply to show cause notice issued to it and passed assessment order, since acknowledgement from income tax department itself showed that department received assessee's reply, impugned order was bad on account of violation of principles of natural justice and was to be quashed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000317305/hc-quashes-order-passed-on-pretext-that-assessee-didn’t-file-reply-but-it-was-acknowledged-by-dept.aspx

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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...