Asking details of land improvement cost incurred 25 years ago uncalled for. ITAT allows ad-hoc deduction
September 10, 2018
Income Tax, ITAT
Asking details of land improvement cost incurred 25 years ago uncalled for. ITAT allows ad-hoc deduction of 25% of cost of improvement claimed. ABCAUS Case Law Citation: ABCAUS 2509 (2018) 09 ITAT This appeal was filed by the assessee against the order of CIT(A) confirming disallowance towards cost …