Case Details: Energy Infratech (P.) Ltd. v. DCIT – [2021] 131 taxmann.com 124 (Delhi – Trib.) … Continue reading “Right of ‘limited finality’ violated if reasoning adopted by CIT(A) for dismissing appeal not considered at assessment”
Case Details: UKN Hospitality (P.) Ltd. v. ITO – [2021] 131 taxmann.com 121 (Bangalore – … Continue reading “Rule 11UA amended in mid of Assessment Year is applicable for transactions occurred during whole AY: ITAT”
Case Details: John Sebastian Zezito Lobo v. ACIT – [2021] 131 taxmann.com 79 (Bombay) Judiciary … Continue reading “Assessee can’t seek parallel remedy by filing writ on same day of lodging of objections before AO: Bombay HC”
Case Details: Sudev Industries Ltd. v. National Faceless Assessment Centre – [2021] 131 taxmann.com 74 … Continue reading “Passing order without disposing of request of adjournment is violation of principles of natural justice: HC”
Case Details: ACIT v. India Power Corporation Ltd – [2021] 131 taxmann.com 41 (Kolkata – … Continue reading “Sum set-aside as debenture redemption reserve couldn’t be considered as a reserve for computing book profits: ITAT”
Notification No. 120/2021, dated 13-10-2021 The Taxation Laws (Amendment) Act, 2021 (TLA, 2021) inserted three … Continue reading “CBDT extends provisions of Rules 11UE & 11UF to Section 119 of Finance Act, 2012”
Case Details: DCIT v. Macleods Pharmaceuticals Ltd – [2021] 131 taxmann.com 154 (Mumbai – Trib.) … Continue reading “ITAT recommends constitution of larger bench to decide allowability of exp. on freebies to medical professionals”
Case Details: Mantra Industries Ltd. v. National Faceless Assessment Centre – [2021] 131 taxmann.com 165 … Continue reading “HC quashes assessment order passed by AO without application of mind; cost to be recover from him if such order continues”
Case Details:CIT v. Pricol Ltd. – [2021] 130 taxmann.com 459 (Madras) Judiciary and Counsel Details … Continue reading “Writing off security deposit is allowable if Co. discontinued its business for which such deposit was made: HC”
Ketan Ved, Samir Parekh, Avani Shetty and Hema Mamgai – [2021] 131 taxmann.com 107 (Article) … Continue reading “Addressing a unique mind challenge – Tracking the current statutory deadlines”
