2021-TIOL-976-ITAT-DEL

Sukhdev Singh Vs ITO

Whether addition for unexplained deposit u/s 69A can't be made as cash deposits are made according to the sale deed and the amount received is properly reflected in assessee's bank account - YES : ITAT

- Assessee's appeal partly allowed: DELHI ITAT

2021-TIOL-975-ITAT-DEL

Glory Lifesciences Pvt Ltd Vs ACIT

Whether invalid and defective notices issued u/s 271(1)(c) r/w/s 274 before levy of penalty, renders entire penalty proceedings as vitiated - YES: ITAT

- Assessee's appeal allowed: DELHI ITAT

2021-TIOL-974-ITAT-DEL

Sungrow Impex Pvt Ltd Vs ITO

Whether reopening of assesseement based on wrong, incorrect and non-existing reasons, inabsence of tangible material is invalid in law - YES : ITAT

- Assessee's appeal allowed: DELHI ITAT

2021-TIOL-973-ITAT-MUM

Modison Metals Ltd Vs DCIT

Whether disallowance of rent expenses is tenable, where it is clear that a property had been taken on rent by the assessee in furtherance of its business - NO: ITAT

- Assessee's appeal allowed: MUMBAI ITAT