2023-TIOL-1521-ITAT-DEL

Lahoria Education Society Vs ITO

Whether AO erred in treating the difference between the salaries for the month of March for additional work done by the staff for the entire year which he has interpolated for entire 12 months on presumption basis - YES: ITAT

- Assessee's appeal allowed: DELHI ITAT

2023-TIOL-1520-ITAT-MAD

DCIT Vs N Shahjahan

Whether assessee could be obligated to substantiate only one part of the Balance Sheet while accepting the other part of the Balance Sheet which is favorable to AO - NO: ITAT

- Revenue's appeal dismissed: CHENNAI ITAT

2023-TIOL-1519-ITAT-AHM

Nitaben M Patel Vs ACIT

Whether the expenses incurred to remove impediments or encumbrances in way of transfer of capital asset has to be allowed as deduction under the head 'cost of improvement' while computing taxable amount of capital gain - YES: ITAT

- Assessee's appeal allowed: AHMEDABAD ITAT

2023-TIOL-1518-ITAT-VIZAG

Arnav Travels Vs ITO

Whether a mistake arising in an assessment order, on account of subsequent interpretation of law on an issue by the Supreme Court, qualifies as mistake apparent on record - YES: ITAT

Whether as per settled position in law, the disallowance of payment made towards employees' contribution to PF & ESI is sustainable, where such remittance is made after due date prescribed in the respective Acts, even if made before due date of filing ITR - YES: ITAT

- Appeal dismissed: VISAKHAPATNAM ITAT

2023-TIOL-1517-ITAT-VIZAG

Marturi Srinivasa Rao Vs ITO

Whether provisions of section 273B of the Act applies to assessee since the assessee has a reasonable cause for not getting the books of account audited - YES: ITAT

- Assessee's appeal allowed: VISAKHAPATNAM ITAT