HC deletes disallowance on Account of Slump Sale following its decision for earlier year
PCIT Vs Akzo Noble India Limited (Calcutta High Court) dated 24/11/2021
ITAT deletes addition for cash deposit bank as same were duly explained by Assessee
Sunil Mathur Vs ITO (ITAT Jaipur) dated 01/11/2021
Adjudication of correctness of CA’s report by Disciplinary committee of ICAI, no need once the report passed judicial scrutiny
Wholesale Trading Services P Ltd Vs The Institute of Chartered Accountants of India (Delhi High Court) dated 11/11/2021
Disallowance of expenditure sustainable when assessee unable to prove non-applicability of provisions of section 40(a)(ia)
Ilahia Trust Vs CIT (Kerala High Court) dated 15/11/2021
Penalty not leviable when serious financial constraint prohibited assessee from discharging self-assessment tax
DCIT Vs Karanja Terminal and Logistic Pvt. Ltd (ITAT Mumbai) dated 21/10/2021
No addition under Section 68 for loan received in earlier years
Sanjay Mehta Vs ACIT (ITAT Kolkata) dated 17/09/2021
Minimum Area of one acre of land for Section 80IB (10)- HC explains
PCIT Vs Karavali Housing (Karnataka High Court) dated 04/10/2021
No section 68 addition for trade creditors settled in succeeding year through banking channels
Madhu Solanki Vs ITO (ITAT Bangalore) dated 09/08/2021