2021-TIOL-1092-ITAT-DEL

Arpit Goel Vs ITO

Whether AO can make addition u/s 69A being dissatisfied that assessee's explanation is not corroborated by documentary evidence – YES: ITAT.

- Assessee's appeal partly allowed: DELHI ITAT

2021-TIOL-1091-ITAT-DEL

Shipra Estate Ltd Vs ACIT

Whether when project is not completed within 5 years from end of year in which approval was granted, claim u/s 80IB(10) must be disallowed – YES: ITAT.

- Assessee's appeal partly allowed: DELHI ITAT

2021-TIOL-1090-ITAT-AHM

Dipal Sureshbhai Patel Vs ITO

Whether when assessee has fulfilled condition for deduction u/s 54F within extended time-limit of filing ITR u/s 139(4), assessee's claim cannot be negated merely because he did not deposit amount in the scheme before expiry of time period provided u/s 139(1) – YES: ITAT.

- Assessee's appeal allowed: AHMEDABAD ITAT

2021-TIOL-1089-ITAT-BANG

Yaskawa India Pvt Ltd Vs ITO

Whether expenditure incurred before getting VAT registration, has to be allowed as 'revenue expenditure' if import license was obtained and business has commenced - YES: ITAT

- Assessee's appeal partly allowed: BANGALORE ITAT