2021-TIOL-NEWS-172 Part 2 Dated: Thursday, July 22, 2021

2021-TIOL-NEWS-172 Part 2 | July 22, 2021

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INCOME TAX


	2021-TIOL-1193-ITAT-KOL Jai Prakash Gupta Vs ITO Whether when requirement of law prescribed u/s 147 has not been met in reasons recorded, AO has no jurisdiction to reopen assessment – YES: ITAT. - Assessee's appeal allowed: KOLKATA ITAT 2021-TIOL-1192-ITAT-DEL Karina Airlines International Ltd Vs ACIT Whether in case of other person u/s 153C, starting point for computation of block period would be the date on which based on seized documents, notice is issued to other person - YES: ITAT - Assessee's appeal allowed: DELHI ITAT 2021-TIOL-1191-ITAT-CHD HP Power Transmission Corporation Ltd Vs DCIT Whether interest earned on account of funds borrowed for specific purpose can be taxed – NO: ITAT. - Assessee's appeals allowed: CHANDIGARH ITAT

NEWS FLASH

Delhi HC to go for limited physical hearing from Aug 16

Income tax raids media group Dainik Bhaskar, including TV Channel

China says NO to WHO's second probe into origin of COVID-19

UN Committee of Experts on International Cooperation in Tax Matters - India nominates Rasmi Ranjan Das as Member

TN anti-corruption agency raids 20 properties of AIADMK leader Vijayabhaskar

PUBLICE NOTICE

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Amendments in Handbook of Procedures 2015-20

TOP NEWS

Cabinet okays PLI scheme for specialty Steel

Cabinet green light to integration corporation for infrastructure development in Ladakh

Commissioners' transfer order - Exceptions galore set teeth on edge!

Government includes Retail and Wholesale Trade as MSMES

Pollution Under Control Certificate form standardised

All lanes of fee plazas on National Highways declared as 'FASTag Lane

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