Judgement

ITAT Delhi has ruled out that Re-assessment order passed u/s 143(3) by ITO having no jurisdiction over assessee quashed by ITAT.

Re-assessment order passed u/s 143(3) by ITO having no jurisdiction over assessee quashed by ITAT

The ICAI Disciplinary Committee has debarred Chartered Accountant for One year for failure of detection of Fraud.

The ITAT in the matter of Religare Finvest Ltd. vs. DCIT, has ruled out that Interest on CCDs allowable as revenue Expenditure u/s 36(1)(iii).

The Central Board of Direct Taxes(CBDT) has amended the definition of 'Investment Fund' for exempting NRs from ITR filing via issuing Notification.

This weekly update covers the most important Judgement pieces published on Studycafe in the previous week, from July 10 to July 15, 2023.

ITAT Mumbai ruled out that Addition cannot be made merely for reason that those customers have not transacted assessee post or pre demonetization.