2021-TIOL-1021-ITAT-MUM
Sahakar Global Ltd Vs DCIT
Whether addition can be sustained u/s 68 without collecting more evidence if the assessee has discharged the primary onus of proving transactions – NO: ITAT
- Appeals partly allowed: MUMBAI ITAT
2021-TIOL-1020-ITAT-KOL
ACIT Vs Dulichand Champalal Textile
Whether additions framed u/s 68 of the Act in respect of loans taken, merit being upheld where assessee furnishes all documents needed to prove identity & creditworthiness of the creditors as well as genuineness of transaction - NO: ITAT
- Revenue's appeal dismissed: KOLKATA ITAT
2021-TIOL-1019-ITAT-PUNE
Shree Veeralayam Jain Ahinsa Tirth Vs CIT
Whether during the course of enquiry u/s 80G(5)(vi) of the Act, the scope of enquiry cannot extend to the actual assessment of income - YES: ITAT
- Assessee's appeal allowed: PUNE ITAT
