2021-TIOL-264-SC-IT
ITO Vs V Mohan
Whether when ascertaining the mandatory or directory nature of provisions, the principles of interpretation of statutes require that legislative intent behind such provisions be considered & not necessarily the language in which such intent is expressed - YES: SC
Whether it is mandatory to serve notice u/s 6(1) of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 to a convict or detenu while initiating recovery action against any relative of such convict or detenu, in respect of any property alleged to be acquired illegally - NO: SC
- Appeals allowed: SUPREME COURT OF INDIA
2021-TIOL-1959-ITAT-DEL
Addl. CIT Vs Dawat Foods Ltd
Whether disallowance u/s 14A can be made where assessee did not utilise any interest-bearing funds for purpose of making investment - NO: ITAT
- Revenue's appeals dismissed: DELHI ITAT
2021-TIOL-1958-ITAT-MUM
Sanjeev Chandrakant Deo Vs ITO
Whether since notice issued u/s 148 is not validly served on the assessee, therefore, assessment order passed u/s 143(3) r.w.s. 147 without valid service of notice u/s 148 is void ab initio – YES: ITAT
- Assessee's appeals allowed: MUMBAI ITAT
2021-TIOL-1957-ITAT-PUNE
Solapur CETP Vs CIT
Whether when granting registration u/s 12AA, the claimant merits being given another chance to submit relevant information, where the claimant was unable to furnish the same due to lockdown imposed during COVID pandemic - YES: ITAT
- Matter remanded: PUNE ITAT
