2022-TIOL-NEWS-079 Part 2 Dated:Wednesday, April 06, 2022

2022-TIOL-NEWS-079 Part 2 | April 06, 2022

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INCOME TAX


	2022-TIOL-368-ITAT-DEHRADUN Thaackur Singlaa Vs DCIT Whether additions framed on grounds of undisclosed income merit being sustained where no material linking such income to the assessee is found in course of Search operations - NO: ITAT - Assessee's appeal allowed: DEHRADUN ITAT 2022-TIOL-367-ITAT-KOL Swapan Kumar Ghosh Vs ITO Whether money that does not belong to assessee can be added in assessee's hands as his unexplained income u/s 68 – NO: ITAT - Assessee's appeal allowed: KOLKATA ITAT 2022-TIOL-366-ITAT-KOL Andaman And Nicobar State Corporation Bank Ltd Vs DCIT Whether assessee is entitled for deduction of payments made to LIC towards group gratuity scheme – YES: ITAT - Assessee's appeal allowed: KOLKATA ITAT

NEWS FLASH


	Omicron - BMC detects first case of Variant XE but Ministry of Heath denies report CNG prices shadow petrol & diesel in Mumbai, Delhi & Gujarat Bennett's Govt loses majority as coalition MP quits Goyal says India-Australia trade may scale to USD 100 bn by 2030 UK, Australia & US join hands to develop hypersonic missiles Forbes list - 2668 billionaires in world - 735 in US - 236 new comers Lankan Parliament Speaker says worsening crisis risks starvation J&K receives investment offers worth Rs 51K Crore: Govt

TOP NEWS


	BIS grants 630 licenses to MSME toy manufacturers Govt 'In-Principle' nod for five new sites for N-power plants in future ISRO working with NASA to jointly realise satellite mission - NASA-ISRO Synthetic Aperture Radar Goyal invites Australian businesses to invest in India

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