2021-TIOL-204-SC-IT
CIT Vs Batanagar Education And Research Trust
Whether 'Trust' which is misusing the status conferred upon it by Section 12AA is not entitled to retain and enjoy said status - YES: SC
Whether bogus donations completely misused by 'Trusts' calls for cancellation of registration granted to it u/s 12AA & 80G - YES: SC
- Revenue's appeal allowed: SUPREME COURT OF INDIA
2021-TIOL-1262-ITAT-HYD
ACIT Vs Meka Janakiram
Whether no reason is found to interfere with CIT (A) conclusion, deleting addition as relevant capital asset is situated in industrial area and department representative failed to dispute that the DVO report has not taken into consideration the same and is influenced by other consideration - YES : ITAT
- Revenue's appeal dismissed: HYDERABAD ITAT
2021-TIOL-1261-ITAT-CHD
HP Agro Industries Corporation Ltd Vs ACIT
Whether AO can charge late filing fees for late filing of TDS return for period of tax deducted prior to first day of June, 2015 - NO : ITAT
- Assessee's appeal allowed: CHANDIGARH ITAT
2021-TIOL-1260-ITAT-KOL
Piyush Mohan Agarwal Vs Pr.CIT
Whether plausible view held by AO can be held as erroneous and unsustainable in law by PCIT u/s 263 as per revisionary jurisdiction – NO: ITAT.
- Assessee's Appeal allowed: KOLKATA ITAT
