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2023-TIOL-NEWS-122 Part 2 | May 26, 2023

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INCOME TAX

2023-TIOL-669-ITAT-JAIPUR

Mukesh Sharma Vs DCIT

Whether it is fit case for remand where assessee does not cooperate with AO or CIT(A) in pursuing the matter, despite being given multiple authorities - YES: ITAT

- Case remanded: JAIPUR ITAT

2023-TIOL-668-ITAT-AHM

Jasvantbhai R Patel Vs Pr.CIT

Whether Section 14A can be invoked where no exempt income was earned by assessee in relevant assessment year - NO: ITAT

- Assessee's appeal allowed: AHMEDABAD ITAT

2023-TIOL-667-ITAT-DEL

DCIT Vs Sahara India Ltd

Whether ITAT should interfere in cases where CIT(A) has passed a well reasoned order - NO: ITAT

- Revenue's appeal dismissed: DELHI ITAT

 

 

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NEWS FLASH

SC tosses out PIL on inauguration row of New Parliament

US Defence Secretary to visit New Delhi next week

Australian scientists working on movable hydrogen generator

Japan imposes fresh bout of sanctions on Russia

INSTRUCTION

F.No. 528/56/2017-STO(TU)

Clarification on the classification of product DHA Algal oil

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