2022-TIOL-05-SC-IT
Apollo Tyres Ltd Vs ACIT
Having heard the parties, the Supreme Court issued notice to the respective parties directing their appearance for further hearing on the issue of eligibility of weighted deduction.
- Notice issued: SUPREME COURT OF INDIA
2022-TIOL-84-HC-KERALA-IT
Apollo Tyres Ltd Vs ACIT
Whether effort of taxpayer in attempting to invite a different conclusion from writ court in respect of very same Assessment Year in which weighted deduction was denied, is not permissible - YES: HC
- Assessee's appeal dismissed: KERALA HIGH COURT
2022-TIOL-99-ITAT-PUNE
Hextech Engineers India Pvt Ltd Vs ACIT
Whether the vires of re-assessment proceedings merit being upheld where the AO spells out the reasons for re-opening of assessment and the same do not leave any room for guess work or surmises - YES: ITAT
- Assessee's appeals dismissed: PUNE ITAT
2022-TIOL-98-ITAT-CHD
Late Shri Ghansham Dass Vs DCIT
Whether interest paid by assessee partner on excess withdrawals from partnership firm can be allowed while computing the taxable income of a partner of firm - YES : ITAT
- Assessee's appeal partly allowed: CHANDIGARH ITAT
2022-TIOL-97-ITAT-JAIPUR
Abhimanyu Sharma Vs ITO
Whether deposit of employees's contribution towards ESI and PF paid before the due date of filing of return of income u/s 139(1) can be allowed for AY 2018-19 - YES : ITAT
- Assessee's appeal allowed: JAIPUR ITAT
