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2021-TIOL-NEWS-115 Part 2 | May 17, 2021

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TIOL Mail Update
INCOME TAX

2021-TIOL-809-ITAT-MUM

Ealdor Retails Pvt Ltd Vs DCIT

Whether reasonable order of penalty & additions calls for no writ interference, if taxpayer neither contested quantum nor made any convincing submission - YES: ITAT

- Assessee's appeal dismissed: MUMBAI ITAT

2021-TIOL-808-ITAT-DEHRADUN

DCIT Vs Expro Gulf Ltd

Whether Department should have withdrawn/not pressed the appeal in view of the CBDT Instruction, if tax effect in such appeal is less than prescribed limit - YES: ITAT

- Revenue's appeal dismissed: DEHRADUN ITAT

 

 

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NEWS FLASH

US, EU partner to excoriate China for trade-distorting policies

New virus variant infecting more children; schools closed in Singapore

Miss Mexico Andrea Meza wins Miss Universe pageant 2021

DRDO COVID-19 drug 2DG officially released; Delhi hospitals to receive 10,000 units by Tuesday

 
INSTRUCTION

cus_instruction11_2021

Revision in the import policy of Tur/Pigeon Peas, Moong and Urad

 
TOP NEWS

Jal Jeevan Mission: Centre releases Rs 5,968 cr to 15 States

Wholesale inflation rises to 10.49% in April; fuel prices harden

India's daily COVID-19 cases dip below 3 lakh after 25 days

DRDO releases first batch on anti-Covid drug 2-DG

 
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