AO can’t unfollow ITAT order merely because it wasn’t acceptable by him and was subject matter of an appeal: HC

INCOME TAX : Where assessee claimed interest income as capital receipt and Assessing Officer disallowed claim and made addition treating interest income as revenue receipt and even though Tribunal deleted addition but department had not accepted Tribunal’s decision and preferred appeal before High Court,INCOME TAX : Where assessee claimed interest income as capital receipt and Assessing Officer disallowed claim and made addition treating interest income as revenue receipt and even though Tribunal deleted addition but department had not accepted Tribunal’s decision and preferred appeal before High Court,www.taxmann.com Latest Case LawsRead More

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