2023-TIOL-244-ITAT-DEL

PVR Ltd Vs JCIT

Whether penalty for non-deduction of TDS merits being set aside, where similar relief is allowed to assessee in past AY, albeit with a rider that assessee would not benefit from such precedent if it repeats default in TDS deduction - YES: ITAT

- Appeal allowed: DELHI ITAT

2023-TIOL-243-ITAT-DEL

Monnet Ispat And Energy Ltd Vs ACIT

Whether as per settled precedent in law, Income Tax proceedings cannot continue in respect of an assessee which is undergoing insolvency process & moratorium has been imposed by NCLT in this regard - YES: ITAT

- Appeals allowed: DELHI ITAT

2023-TIOL-242-ITAT-MUM

Pumpkin Pictures Pvt Ltd Vs DCIT

Whether net loss can be allowed to be carried forward, where assessee did not file ITR within due date prescribed therefor - NO: ITAT

- Appeal allowed: MUMBAI ITAT

2023-TIOL-241-ITAT-AHM

Atmiben Alipitkumar Doshi Vs ITO

Whether the purchase of t shares are bogus in nature when the shares were purchased at a higher price and outside the regular stock exhange - YES: ITAT

- Assessee's appeal dismissed: AHMEDABAD ITAT