2022-TIOL-43-SC-IT

Late Shri Gyan Chand Jain Vs CIT

Whether subsequent reduction in penalty by CIT(A) can oust the jurisdiction as regards maintainability of appeal, as far as tax effect is concerned - NO: ITAT

- Assessee's appeal dismissed: SUPREME COURT OF INDIA

2022-TIOL-423-ITAT-JABALPUR

Arihant Automobiles Vs ITO

Whether the amended provisions of Section 43B and Explanation thereto can be applied in respect of an AY preceding the year of amendment of the provision - NO: ITAT

- Assessee's appeal allowed: JABALPUR ITAT

2022-TIOL-422-ITAT-JAIPUR

Kamal Coach Works Pvt Ltd Vs ACIT

Whether since amendments takes effect from April 01, 2021 employees' contribution to ESI and PF collected for FY 2019-20 deposited well before due date of filing of return u/s 139(1) can be allowed - YES : ITAT

- Assessee's appeal allowed: JAIPUR ITAT

2022-TIOL-421-ITAT-DEL

ACIT Vs Amsure Insurance Agency Ltd

Whether solely because a liability had become static, it does not imply that the said liability has ceased to exist or there has been a remission of liability - YES: ITAT

- Revenue's appeal dismissed: DELHI ITAT