2022-TIOL-881-ITAT-MUM
Gian Chand Arora Vs Pr.CIT
Whether power of revision u/s 263 can be exercised where the PCIT is unable to clearly establish as to how the original assessment order is erroneous or prejudicial to interests of revenue - NO: ITAT
- Appeal allowed: MUMBAI ITAT
2022-TIOL-880-ITAT-DEL
Surinder Kaur Sethi Vs ACIT
Whether affidavit filed by assessee is only self serving document and no weight can be attached to it in absence of any other material submitted to support claim of cost of improvement - YES : ITAT
- Assessee's appeal dismissed: DELHI ITAT
2022-TIOL-879-ITAT-DEL
Treta E Technologies Company Pvt Ltd Vs ACIT
Whether matter can be remanded for reconsideration as addition made by AO is solely based on details of Form 26AS and not on basis of any facts detected as result of enquiry - YES : ITAT
- Case Remanded: DELHI ITAT