2021-TIOL-1937-HC-MUM-IT
Uday Desai HUF Vs National Faceless Assessment Centre Delhi
Whether draft assessment order merits being quashed where it is passed after permitting only one day's time to the assessee to file reply to Show Cause Notice - YES: HC
- Writ petition disposed of: BOMBAY HIGH COURT
2021-TIOL-1936-HC-KAR-IT
UKN Properties Pvt Ltd Vs DCIT
On appeal, the High Court observes that the issue regarding the application of Completion Contract Method or Percentage Completion Contract Method for computation of income, has been remanded to the Tribunal. Hence the Court finds no reason for its intervention.
- Case remanded: KARNATAKA HIGH COURT
2021-TIOL-1589-ITAT-DEL
Indian Geotechnical Services Vs ACIT
Whether payment of employees contribution if made before due date of filing ITR u/s 139(1) is allowable deduction against corresponding income u/s 2(24)(x) – YES: ITAT.
- Case remanded: DELHI ITAT
2021-TIOL-1588-ITAT-DEL
ACIT Vs India Infrastructure Finance Company Ltd
Whether deduction u/s 36(1)(viia)(c) can be denied where an assessee has created provision in books of accounts for bad and doubtful debts - NO: ITAT
- Revenue's appeals dismissed: DELHI ITAT
