2022-TIOL-150-ITAT-AHM
Torrent Power Ltd Vs DCIT
Whether when management and employees are involved in decision-making process for making investment and maintaining it, administrative expenses must be disallowed u/s 14A r.w. Rule 8D – YES: ITAT
- Assessee's appeals partly allowed: AHMEDABAD ITAT
2022-TIOL-149-ITAT-MUM
DCIT Vs Sai Ashray Developers Pvt Ltd
Whether when purpose of refund of on-money receipts to customers stands duly explained together with its modus-operandi, then no addition u/s 69 is warranted on account of negative cash balance - YES: ITAT
- Revenue's appeal dismissed: MUMBAI ITAT
2022-TIOL-148-ITAT-DEL
Wipro GE Healthcare Pvt Ltd Vs DCIT
Whether payment of interest on late remittance of Service Tax is neither an offence nor prohibited by law - YES: ITAT
- Assessee's appeal allowed: DELHI ITAT
