2022-TIOL-NEWS-235 Part 2 Dated : Friday, October 07, 2022

2022-TIOL-NEWS-235 Part 2 | October 07, 2022

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	2022-TIOL-1130-ITAT-JABALPUR A R Transport Vs ADIT Whether the amended provisions of Section 154 can be applied with retrospective effect in respect of an AY which precedes the year of amendment of the provisions - NO: ITAT - Appeal allowed: JABALPUR ITAT 2022-TIOL-1129-ITAT-KOL Arabinda Konar Vs ITO Whether additions framed on account of undisclosed income merit being sustained in part, where assessee was required to file complete details of such friends and relatives and also the details of sales but the same has not been done at any stage - YES: ITAT - Appeal partly allowed: KOLKATA ITAT 2022-TIOL-1128-ITAT-CHD New Truck Operators Union Vs ITO Whether order provided by lower authorities without considering previous history of assessee can be sustainable- NO: ITAT - Assessee's appeal partly allowed: CHANDIGARH ITAT 2022-TIOL-1127-ITAT-DEL Vishal Aggarwal Vs ITO Whether reassessment initiated on basis of borrowed satisfaction without any independent application of mind by AO, merits to be quashed - YES: ITAT - Assesse's appeal allowed: DELHI ITAT

NEWS FLASH

RBI braces up to float Digital Rupee soon on pilot basis

Nobel Peace Prize goes to Belarusian activist Ales Bialiatski, Russian & Ukrainian Human Rights Organisations

13 killed in Ecuador prison riot

NCB makes seizure of drugs worth Rs 120 Cr

IISc, Power Grid join hands to deal with cybersecurity issues

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