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2022-TIOL-NEWS-188 Part 2| August 11, 2022

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TIOL AWARDS

 
INCOME TAX

2022-TIOL-873-ITAT-AHM

Chandrakant Prahladbhai Patel Vs Pr.CIT

Whether lack of enquiry by AO during course of assessment proceeding, renders such assessment order erroneous & prejudicial to interest of Revenue, warranting revisionary interference - YES: ITAT

- Assessee's appeal dismissed: AHMEDDABAD ITAT

2022-TIOL-872-ITAT-DEL

Addl.CIT Vs Aon Services India Pvt Ltd

Whether accounting standard followed by assessee for apportionment of expenses between 10A units and non-10A units cannot be faulted, without bringing on record any adverse material - YES: ITAT

- Revenue's appeal dismissed: DELHI ITAT

2022-TIOL-871-ITAT-PUNE

ITO Vs Andre Eichanbaun Raje

Whether actual sale deed merits to be considered for purpose of ascertaining capital gain u/s 50C - YES: ITAT

- Revenue's appeal dismissed: PUNE ITAT

 

 

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NEWS FLASH
 

New veep Dhankar takes oath as 14th VP

UK says it's accelerating talks with India for FTA to be signed before Diwali

 
TOP NEWS

Income Tax raides gems & jewellery group in Jaipur

India-UK FTA: 5th round of talks concluded

PLI - Portal launched to capture data of domestic value addition

 
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