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Cost of improvement disallowed as assessee failed to establish that renovation was carried out in flat
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Corporate Tax
Cost of improvement disallowed as assessee failed to establish that renovation was carried out in flat
Posted on
on
January 22, 2016
Tenet Tax Daily January 22 2016
By
tenettax-team
Corporate Tax
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ITAT had to remand back case instead of appreciating the facts itself if CIT(A) didn’t confront assessee with new facts
Income initially disclosed before SetCom couldn’t be said to be concealed if additions were made due to TP provisions
