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2022-TIOL-NEWS-251 Part 2| October 27, 2022
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TIOL AWARDS

 
INCOME TAX

2022-TIOL-1224-ITAT-MUM

Amit Mahendra Shah Vs ITO

Whether the CIT had erred in upholding the AO's order of disallowing interest expenditure- NO: ITAT

- Appeal dismissed: MUMBAI ITAT

2022-TIOL-1223-ITAT-DEL

ACIT Vs National Association Of Software And Service

Whether any donations given by Government of India ought not to be disallowed - YES: ITAT

- Revenue's appeal dismissed: DELHI ITAT

2022-TIOL-1222-ITAT-DEL

Rama Paper Mills Ltd Vs DCIT

Whether the penalty under clause (B) of Explanation 1 to section 271(1)(c) of the Act be imposed if the twin conditions mentioned in the Section is not duly proved- NO: ITAT

- Appeal allowed: DELHI ITAT

 

 

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NEWS FLASH
 

NIA offices to be set up in every State by 2024

S Jaishankar to visit Moscow on Nov 8

US economy grows by 2.6% in Q3; Slump reversed

Facility for production of C295 transport aircraft to be set up in Vadodara: Defence Secy

Yet another road accident - 6 killed & 5 injured in Prayagraj

Hate Speech - Azam Khan sentenced to 3 yrs jail

Russia threatens to pulverise commercial satellites if US helps Ukraine

 
TOP NEWS
 

Textile manufacturers should start securing Cotton to meet demands: Goyal

NEP-2020 aims at de-linking degree from education & livelihood opportunities: MoS

Centre asks Bihar to complete construction of Wheat & Rice Silo in Buxar by Dec 2022

SOPs issued for regulatory review of Genome Edited Plants

 
CIRCULAR
 

it22cir21

CBDT extends due date for filing TDS statement in Form 26Q for Q2

 
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