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Friday, 15 January 2021

Daily digest for Gupta Chandan & Associates, on January 15, 2021

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posted: "INCOME TAX : Where assessee was under jurisdiction of Bangalore, merely because post search settlement application was filed by assessee before Chennai Bench of Settlement Commission, order passed by Chennai Bench of Settlement Commission could not be cha"
posted: "INCOME TAX : Where Assessing Officer mechanically applied provisions of section 56(2) to difference between stamp duty value and actual sale consideration paid by assessee and made additions, without making any efforts to find out actual cost of property,"

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