2021-TIOL-919-ITAT-AHM
Laxmi Sagar Trade Link Pvt Ltd Vs DCIT
Whether differences in interest rate paid on loans, does not call for addition u/s 40A(2)(b) - YES: ITAT
- Assessee's appeal allowed: AHMEDABAD ITAT
2021-TIOL-918-ITAT-DEL
Kumar Printers Pvt Ltd Vs ACIT
Whether disallowance of interest could be made for the amounts advanced out of term loan, if advances were made before the date of disbursement of term loan - NO: ITAT
- Assessee's appeal partly allowed: DELHI ITAT
2021-TIOL-917-ITAT-DEL
ACIT Vs Indian Evangelical Team
Whether provisions of section 13(1)(b) are attracted in case of charitable societies only and not in case of religious societies - YES: ITAT
- Revenue's appeal dismissed: DELHI ITAT
