2023-TIOL-1541-ITAT-DEL

Birla Transasia Carpets Ltd Vs DCIT

Whether since loan received from M/s Godavari is routed through regular banking channel and reflected duly in annual accounts of lender company is genuine and not require addition u/s 68 of Act - YES : ITAT

- Assessee's appeal allowed: DELHI ITAT

2023-TIOL-1540-ITAT-DEL

Ball Beverage Packaging India Pvt Ltd Vs ACIT

Whether if assessee is corporate entity then ad hoc disallowance of expenditure without pointing out any specific defect is not permissible - YES : ITAT

- Assessee's appeal allowed: DELHI ITAT

2023-TIOL-1539-ITAT-MUM

Ajay Virender Arora Vs DCIT

Whether where the notice u/s 153A was passed by the AO without having any incriminating material against the assessee, the order of the AO is bad in law - YES: ITAT

- Assessee's appeal partly allowed: MUMBAI ITAT

2023-TIOL-1538-ITAT-AHM

Association of Indian Panelboard Manufacturer Vs DCIT

Whether since in the Circular No. 7/2018, it is clearly stated that for condonation of delay of filing Audit Report for the AY 2016-17, the CIT has to pass the order and not the CIT(A) - YES: ITAT

- Assessee's appeal dismissed: AHMEDABAD ITAT

2023-TIOL-1537-ITAT-AHM

Atul H Patel Vs ITO

Whether where the assessee has discharged his onus by submitting proper documents for the cash deposits, it is not an unexplained amount and should be deleted - YES: ITAT

- Assessee's appeal partly allowed: AHMEDABAD ITAT