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2021-TIOL-NEWS-304 Part 2 | December 27 2021

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INCOME TAX

2021-TIOL-2009-ITAT-PUNE

ACIT Vs Cosmos Cooperative Bank Ltd

Whether when there is no order from the High Court, on issue of disallowance of payment to charitable trust, then order of Tribunal is binding on the Revenue authorities involving same issue -YES : ITAT

- Revenue's appeal dismissed: PUNE ITAT

2021-TIOL-2008-ITAT-KOL

Seven Hills Constructions Vs ACIT

Whether filing another rectification application before the Pr. CIT against the rejection of rectification application u/s 154 of the Act by the AO is not proper procedure within the framework of I-T Act - YES: ITAT

- Assessee's appeal dismissed: KOLKATA ITAT

2021-TIOL-2007-ITAT-BANG

Gurukiran Jayaram Shetty Vs DCIT

Whether addition can be made solely based on statement made u/s 133A without substantiating material – NO: ITAT

- Assessee's Appeal partly allowed: BANGALORE ITAT

 

 

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NEWS FLASH

ACC approves appointment of Subashree Anantkrishnan as New CBDT Member

J&K Govt hosts real estate summit; coaxes people from outside State to buy second home

Somalia President suspends Prime Minister; Elections further delayed

Omicron: India's tally leapfrogs to 578 with 156 fresh cases

Delhi-bound private bus slams into two stationary buses on Ambala highway; Five killed

Six Maoists killed in police encounter on Chhattisgarh-Telangana border

Lanka makes it mandatory to seek defence ministry nod if foreigners decide to marry locals

 
ORDER
 
NOTIFICATION

cnt104_2021

Turkish Lira exchange value revised

ctariffadd21_077

Seeks to impose ADD on 'Decor Paper' originating in or exported from China PR for a period of 5 years

 
TOP NEWS
 
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