2022-TIOL-1298-ITAT-MUM
Surplus Finvest Pvt Ltd Vs Pr.CIT
Whether present appeal is academic in nature since no order has been passed by AO within time limit provided u/s 153(3) - YES : ITAT
- Assessee's appeal dismissed: MUMBAI ITAT
2022-TIOL-1297-ITAT-MUM
ACIT Vs Shivprakash S Chandak
Whether if there is import of goods and payment is made from bank accounts then assessee cannot say that he is not in a position to reconcile difference - YES : ITAT
- Matter remanded: MUMBAI ITAT
2022-TIOL-1296-ITAT-DEL
Kheer Bhawani Trading Pvt Ltd Vs ITO
Whether method of valuation of unquoted equity can not be applied on preferential shares and correct method is to apply Rule 11UA(1)(c)(c) - YES : ITAT
- Assessee's appeal allowed: DELHI ITAT
2022-TIOL-1295-ITAT-AHM
DCIT Vs Nexus Software Ltd
Whether sale consideration received by assessee as confirming party is offered as income and suffered tax and same cannot be taxed again as capital gain as claimed by revenue - YES : ITAT
- Revenue's appeal dismissed: AHMEDABAD ITAT
2022-TIOL-1294-ITAT-JABALPUR
Satya Sodhan Ashram Vs CIT
Whether appeal against denial of exemption u/s 11 due non condonation of delay can be dismissed as it is not maintainable - YES : ITAT
- Assessee's appeal dismissed: JABALPUR ITAT
