Monday, November 1, 2021

ITAT was justified in quashing reassessment as AO reopened same on mere change of opinion: HC

INCOME TAX : Where Tribunal found that Assessing Officer had changed his opinion, regarding deduction under section 24, to reopen assessment, it was justified in quashing reassessment

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