2021-TIOL-1351-ITAT-DEL
ACIT Vs Sur Buildcon Pvt Ltd
Whether AO must possess specific material to back claim that assessee's income has escaped assessment for proceedings u/s 147/148 to be held jurisdictionally valid – YES: ITAT.
- Revenue's appeals dismissed/Assessees' Cross Objections allowed: DELHI ITAT
2021-TIOL-1350-ITAT-KOL
Swapna Manna Vs Pr.CIT
Whether for enlarging scope of limited scrutiny, AO should form reasonable view that in absence of complete assessment, there would be under assessment of income – YES: ITAT.
- Assessee's appeal allowed: KOLKATA ITAT
2021-TIOL-1349-ITAT-DEHRADUN
Uttaranchal Jal Vidhyut Nigam Ltd Vs DCIT
Whether when assessee makes entries in books regarding charges but no real income has accrued to it in respect of those charges, there cannot be any income-tax – YES: ITAT.
- Assessee's appeal allowed/Revenue's appeal dismissed: DEHRADUN ITAT
