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2022-TIOL-NEWS-135 Part 2 | June 10, 2022

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TIOL AWARDS

 
INCOME TAX

2022-TIOL-590-ITAT-DEL

Help Vs ADIT

Whether when trust had filed Form-10 during course of assessment and before completion of assessment, then same should be considered by AO while considering claim of benefit u/s 11(2) - YES: ITAT

- Assessee's appeal allowed: DELHI ITAT

2022-TIOL-589-ITAT-BANG

Asha Financial Services Vs ITO

Whether when deposits have been made out of book balances, there is no reason to estimate income there from - YES: ITAT

- Assessee's appeal allowed: BANGALORE ITAT

2022-TIOL-588-ITAT-JAIPUR

DCIT Vs Anant Auto

Whether when records are forming part of assessment records for earlier year, there is no need to call for remand report of AO at stage of CIT(A) - YES: ITAT

- Revenue's appeal dismissed: JAIPUR ITAT

 

 

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NEWS FLASH

Car-owners urge Govt to change scrappage policy based on number of KM and not age

India-Bangladesh bus service resumed after two years

Fitch revises India's forex rating from Negative to Stable

 
PUBLICE NOTICE

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Inclusion of provisions in continuation to Public Notice No. 10/2015-20 dated 24.05.2022

 
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