2021-TIOL-854-ITAT-DEL
Maruti Suzuki India Ltd Vs JCIT
Whether interest u/s 244A can be allowed for entire month even when payments/adjustments are made on the last day of the month - YES: ITAT
- Revenue's appeals dismissed/Assessee's appeals partly allowed: DELHI ITAT
2021-TIOL-853-ITAT-AHM
DCIT Vs Babuprasad Ramdayalji Shah
Whether mere investment in the share capital made in AY 2009-10, ipso facto does not suggest that the assessee has income in that year, in the absence of any concrete material evidence to prove same - YES : ITAT
Whether except voluntary disclosure of the assessee about the undisclosed income, there is nothing with the department to establish that the undisclosed income declared by the assessee pertained to the year 2009-10 and hence addition can not sustain - YES : ITAT
- Revenue's appeal dismissed/Assessee's appeal partly allowed: AHMEDABAD ITAT
2021-TIOL-852-ITAT-JAIPUR
Swami Keshwanand Sikshan Sansthan Vs CIT
Whether when AO takes a broad view after carefully examining and satisfying himself with evidences and submissions presented by assessee, order of AO cannot be held as erroneous on ground of lack of enquiry – YES: ITAT.
Whether amount received as donation with specific direction shall be treated as Corpus of assessee that is not taxable u/s 11(1)(d) – YES: ITAT.
- Assessee's appeal partly allowed: JAIPUR ITAT
