2021-TIOL-1080-HC-MAD-IT
Koradacheri Primary Agricultural Cooperative Credit Society Ltd Vs National Faceless Appeals Centre
Whether assessment order can be contested directly through writ petition, where no stay petition is filed against such order & where such order is the culmination of the assessee not responding to SCN u/s 142(1) - NO: HC
- Writ petitions dismissed :MADRAS HIGH COURT
2021-TIOL-774-ITAT-MAD
C Vijayalakshmi Vs DCIT
Whether when assessment is unabated or concluded on date of search, no addition can be made in absence of incriminating material found as a result of search - YES: ITAT.
- Assessee's appeal partly allowed: CHENNAI ITAT
2021-TIOL-773-ITAT-DEL
Daffodil Buildcon Pvt Ltd Vs DCIT
Whether AO can reject identity and credit worthiness of a company and genuineness of transaction in in one AY and accept them in immediately succeeding AY - NO: ITAT
- Revenue's appeal dismissed/ Case remanded: DELHI ITAT
