2023-TIOL-13-SC-IT
Association of Old Settlers of Sikkim President Vs UoI
Whether definition of Sikkimese and reference to Sikkim Subjects Regulations, 1961 & Sikkim Subject Rules, 1961 though repealed, are relevant for purpose of Explanation to Section 10(26AAA) of Income Tax Act only - YES: SC
- Case disposed of: SUPREME COURT OF INDIA
2023-TIOL-191-ITAT-DEL
Mumtaz Naseem Syed Vs ITO
Whether exemption claimed by assessee u/s 54 merits being restricted where the assessee has jointly invested in & jointly owns the house property along with the assessee's son - YES: ITAT
- Appeal dismissed: DELHI ITAT
2023-TIOL-190-ITAT-MUM
SI Group India Pvt Ltd Vs ACIT
Whether where view taken by AO is plausible, then order passed by him after due enquiry about such claim, cannot be held to be erroneous, so as to invoke revisionary jurisdiction u/s 263 - YES: ITAT
- Assessee's appeal allowed: MUMBAI ITAT
2023-TIOL-189-ITAT-RAJKOT
Bhaichand Premchand Vadhar Mehta Charitable Trust Vs ACIT
Whether AO should recompute the income of assessee in light of new facts wrt Section 11(3) of the Act - YES: ITAT
- Assessee's appeal dismissed: RAJKOT ITAT
