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2022-TIOL-NEWS-243 Part 2 | October 17, 2022

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TIOL AWARDS

 
INCOME TAX

2022-TIOL-1180-ITAT-BANG

M G Anand Reddy Vs ACIT

Whether addition made towards unaccounted sales is not sustainable in absence of incriminating material - YES : ITAT

- Assessee's appeal partly allowed: BANGALORE ITAT

2022-TIOL-1179-ITAT-KOL

Jatender Singh Marwaha Vs DDIT

Whether without complying with the three conditions mentioned in section 271AAA, penalty under it is not imposable - YES : ITAT

- Assessee's appeal allowed: KOLKATA ITAT

2022-TIOL-1178-ITAT-NAGPUR

Laxman Das Jethani Vs Pr.CIT

Whether Pr. CIT can not have in exercise of his revisionary jurisdiction u/s 263 stepped in to control or, in fact steer discretion of AO - YES : ITAT

- Assessee's appeal allowed: NAGPUR ITAT

2022-TIOL-1177-ITAT-DEL

Garg Heart Centre And Nursing Home Pvt Ltd Vs ACIT

Whether adjustment by way of intimation u/s 143(1), on debatable and controversial issues, is beyond scope of section 143(1) of Act - YES : ITAT

- Matter remanded: DELHI ITAT

 

 

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NEWS FLASH
 

Gujarat Govt reduces VAT on CNG & PNG by 10%

PM to address 90th Interpol General Assembly on Tuesday

Centre suspends Andaman cadre IAS officer accused of rape

Kolkata Police seizes Rs 8 Cr in cash from two businessman brothers

PM puts Rs 16K Crore in accounts of 11 Cr farmers - 12th instalment

K-Pop singers directed to serve mandatory military service

Protester drumming slogan against Xi Jinping dragged inside London Consulate and thrashed

Nhava Sheva Customs seizes misdeclared container stuffed with e-cigarettes, cosmetics and Zirconia stones worth Rs 5 Cr

Bickering within Tory party - MPs demand resignation of Liz Govt

FM visits National Science Foundation in Washington

Covid continues to roil China & spoil Xi's partying; 921 cases detected on Sunday

Argentina extends income tax sops to workers from next month

Donetsk region witnesses intense warcraft between Russia and Ukraine

‘Killer' Nigerian floods drown over 600 people

Japanese PM orders investigation into Unification Church after Abe's killing

 
TOP NEWS
 

MoS to launch Integrated Pensioners' Portal to address needs of pensioners

Railways earned Rs 2500 Cr through scrap scale till Sept

PM inaugurates 600 Pradan Mantri Kisan Samruddhi Kendras

 
ORDER
 

F. No. K-13011/04/2022-US.I

President appoints Justice D Y Chandrachud as New CJI from Nov 10, 2022

 
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