2023-TIOL-451-ITAT-KOL

Deepak Bajaj Vs ITO

Whether differences in Form 26AS is no basis to make addition, if assessee has demonstrated that such difference is on account of inclusion of service tax by payer of this receipt after subjecting it to TDS - YES: ITAT

- Assessee's appeal partly allowed: KOLKATA ITAT

2023-TIOL-450-ITAT-KOL  

Arun Kumar Bose Vs ITO

Whether in case of employer, omission to pay dues/liability to employee over period of time and resultant benefit derived by employer, would qualify as cessation of liability - YES: ITAT

- Assessee's appeal dismissed: KOLKATA ITAT

2023-TIOL-449-ITAT-MUM

Shivam Umesh Tanna Vs ACIT

Whether once the non-maintainability of the books of account in respect of the cash received has been found by the Revenue after a detailed examination in the case of a third party, asking assessee to produce documentary evidence is contrary to own findings of AO - YES: ITAT

- Assessee's appeal allowed: MUMBAI ITAT

2023-TIOL-448-ITAT-BANG

Suresh Vasudev Vernekar Vs DCIT

Whether additions framed on grounds of undisclosed investments are sustainable where assessee is a jewellery trader & makes investments using income generated from such business - NO: ITAT

- Assessee's appeal allowed: BANGALORE ITAT