2022-TIOL-1265-ITAT-PUNE
Anita Jayant Oswal Vs DCIT
Whether since CIT(A) order is based on decision of Jurisdictional High Court does not call for any interference and assessee is not entitled to exemption u/s 54 in respect of investment made into two flats - YES : ITAT
- Assessee's appeal dismissed: PUNE ITAT
2022-TIOL-1264-ITAT-MUM
Ashokkumar Bhanwarlal Chhajer Vs Pr.CIT
Whether if assessee's case is covered by binding decision of jurisdictional High Court, then there is no scope for holding assessment order as erroneous and prejudicial to interest of revenue - YES : ITAT
- Assessee's appeal allowed: MUMBAI ITAT
2022-TIOL-1263-ITAT-AHM
Pragnesh K Modi Vs ITO
Whether issue of unexplained investments can be remanded back as AO made addition in absence of supporting material - YES : ITAT
- Matter remanded: AHMEDABAD ITAT
2022-TIOL-1262-ITAT-MUM
Deutshe Investments India Pvt Ltd Vs Pr.CIT
Whether revision order passed u/s 263 can be quashed as based on explanation offered by assessee no disallowance / addition is required to be made in assessment - YES : ITAT
- Assessee's appeal allowed: MUMBAI ITAT
