Saturday, December 4, 2021

Credit can't be denied on imported lifts used for construction of building being capital goods: CESTAT

EXCISE/ST/VAT : Lifts used for construction of building remain as capital goods used for providing output service which is not specified in Negative list - Credit admissible

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

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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...