2023-TIOL-1186-ITAT-DEL
ACIT Vs Rishi Infratach Pvt Ltd
Whether addition u/s 68 was unjustified when assessee has proved the identity and credit worthiness of the investing company as well as the genuineness of transactions - YES: ITAT
- Revenue's appeal dismissed: DELHI ITAT
2023-TIOL-1185-ITAT-DEL
Pramila Gupta Vs CIT
Whether AO erred in referring the matter to valuation officer without providing any justification for the same - YES: ITAT
- Assessee's appeal allowed: DELHI ITAT
2023-TIOL-1184-ITAT-AHM
First Care Corporation Vs DCIT
Whether bonafide mistake or debateable issue cannot tantamount to furnishing of inaccurate particulars or concealment of income, so as to invoke penalty - YES: ITAT
- Assessee's appeal allowed: AHMEDABAD ITAT
